Quindell shareholders live in hope that SGH buys their legal division at a high price. SGH in great position, it does not have to buy anything. However Quindell needs cash, as we know PI claims have long lead time for the cash.
Some turkeys in UK think SGH will do a joint venture with Quindell. Why would SGH put their name together with Quindell?
hopefully I am not the turkey as I believe SGH will be a vulture.
SGH Price at posting:
$6.72 Sentiment: Buy Disclosure: Held