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.
Purely based on what I have seen with other companies tagetted...
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Last
$97.65 |
Change
-0.710(0.72%) |
Mkt cap ! $4.227B | |||
| Open | High | Low | Value | Volume |
| $96.95 | $97.75 | $96.90 | $21.29M | 219.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 154 | $97.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $97.65 | 177 | 12 |
View Market Depth
| Last trade - 15.22pm 02/09/2024 (20 minute delay) ? |
| SQ2 (ASX) Chart |