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.
The only downside I can see from this is the possibility of the...
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Last
$2.90 |
Change
0.050(1.75%) |
Mkt cap ! $8.564B | |||
| Open | High | Low | Value | Volume |
| $2.89 | $2.95 | $2.83 | $5.675M | 1.961M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4761 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.91 | 4761 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| GQG (ASX) Chart |