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Current Share Price:
Hindenburg Research
Initial Report Date(2019/02/25)Share Price:1.850
Initial Report Date(2019/02/25)Share Price:1.850
Sky Solar: Court Records Show That Lender Already Withdrew Buyout Proposal But Retail Investors Don’t Seem To Realize It Yet
Details Link > The company’s financial state was weak prior to the new $121m liability and the recent note default. SKYS has had 3 CFOs within the span of 6 months.
We expect the stock to dive as retail investors realize what’s actually going on. SKYS looks to be approaching insolvency and we do not anticipate the equity will survive.
By wantattse
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