The only downside I can see from this is the possibility of the accusation of money lauding, stock manipulation and accounting fraud being true and GQG may suffer outflows / underperformance, the other side is perhaps the stock will increase and has been oversold was trading on a P/E of 508x Earnings, now it's 83x. Here's the link to the report https://hindenburgresearch.com/adani/
Just thought I'd add the bear case to be balanced. I still back Rajiv's judgement.
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Last
$2.74 |
Change
0.005(0.18%) |
Mkt cap ! $8.121B |
Open | High | Low | Value | Volume |
$2.78 | $2.78 | $2.73 | $1.059M | 385.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 33135 | $2.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.74 | 25799 | 37 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 13424 | 2.740 |
10 | 28767 | 2.730 |
9 | 41863 | 2.720 |
5 | 39613 | 2.710 |
6 | 177921 | 2.700 |
Price($) | Vol. | No. |
---|---|---|
2.750 | 25606 | 39 |
2.760 | 9688 | 13 |
2.770 | 43561 | 8 |
2.780 | 44444 | 9 |
2.790 | 27800 | 4 |
Last trade - 11.16am 26/08/2024 (20 minute delay) ? |
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