Read the report, not a lot of meat in it frankly. I actually bought more shares when it was down 20% last night but sold them after it shot back up.
This may hang over them in the short run but will likely be forgotten. You find me a financial service or institution and ill find you criminals exploiting it. Comes with the Territory.
In terms of the claims of "facilitating" fraud well there is no evidence of that. Purely anecdotes from anonymous individuals.
I didnt see really anything else in it other then them making a case for why its worth less. Just an opinion like everyone elses. Not sure why the market reacts so materially when most of these reports lead to dead ends. See RFF, CTD, WTC in recent memory.
Block Plunges on Short-seller Report from Hindenburg over Fraud Facilitation, page-29
Add SQ2 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$100.67 |
Change
-2.240(2.18%) |
Mkt cap ! $3.954B | |||
| Open | High | Low | Value | Volume |
| $101.37 | $101.37 | $100.42 | $56.90M | 562.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4144 | $100.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $100.91 | 1497 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$100.80 |
Change
-2.240 ( 1.78 %) |
||||
| Open | High | Low | Volume | ||
| $101.21 | $101.22 | $100.44 | 9154 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| SQ2 (ASX) Chart |