- Quindell had the right to sell PSD.
- Quindell provided no warranty to financials.
- SGH had ample opportunity to be fully satisfied before purchasing.
- SGH proclaimed they were fully satisfied with their own unprecedented DD.
- SGH proclaimed they did not rely on any financials from Quindell.
Not that any of that matters because if SGH wins everything except minuscule $2M benefit for ordinary SH will go to AC and if WTG wins SGH AU pays the multi-million dollar costs to WTG. It's a win-win for AC and a lose-lose for ordinary shareholders.
SGH Price at posting:
$3.08 Sentiment: Sell Disclosure: Not Held