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
$2.51 |
Change
0.010(0.40%) |
Mkt cap ! $7.412B | |||
| Open | High | Low | Value | Volume |
| $2.52 | $2.58 | $2.48 | $8.954M | 3.579M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5931 | $2.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 17773 | 3 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$2.49 |
Change
0.010 ( 0.54 %) |
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| Open | High | Low | Volume | ||
| $2.53 | $2.57 | $2.48 | 574946 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| GQG (ASX) Chart |