Purely based on what I have seen with other companies tagetted by Hindenberg, expect to see further decline in SP over the coming months as the stock gets heavily shorted and holders lose confidence.
The only time the SP turns around is when the company can refute claims through strong financials reporting.
Sadly, there is a good likelihood that SQ2 will be trading under $70 in few weeks and could further decline.
Block Plunges on Short-seller Report from Hindenburg over Fraud Facilitation, page-28
Add SQ2 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$94.19 |
Change
0.090(0.10%) |
Mkt cap ! $3.947B | |||
| Open | High | Low | Value | Volume |
| $94.20 | $94.30 | $93.81 | $1.114M | 11.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18 | $94.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $94.21 | 52 | 4 |
View Market Depth
| Last trade - 11.34am 17/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$94.19 |
Change
0.090 ( 0.19 %) |
||||
| Open | High | Low | Volume | ||
| $94.30 | $94.30 | $93.81 | 3107 | ||
| Last updated 11.53am 17/06/2024 ? | |||||
| SQ2 (ASX) Chart |
