The share price had weakened after The Financial Times suggested that a crucial contract was in danger. But the share price went up again after the trading update, showing only a net 17 per cent fall from the 205 pence price about a week ago. Quindell denied that the contract was in jeopardy, saying it had a ‘positive relationship’ with the RAC, the company providing the contract. It also said that ‘operating cash flow has turned positive in July’. Quindell bought two law firms - personal injury practices Pinto Potts and Silverbeck - in 2012. and Source: Legal Futures
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