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Gold/Mining/Energy : News Flash On The Aim Market
LSE 5.220-0.8%Nov 7 9:30 AM EST

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From: miningoz4/28/2014 5:07:26 PM
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Quindell reels from Gotham City kerpow

A strongly worded defence of London-listed insurance technology firm Quindell, issued by the company on Friday (25 April), has failed to halt a precipitous drop in its shares triggered last week by a research note from US investor Gotham City Research that questioned its profitability.

Shares in Quindell, a provider of claims-handling services and telematics technology to the UK motor insurance industry, were down another 20 percent at 19.8p by early afternoon on Monday (28 April).

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