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Spruce Point Capital issues ‘Strong Sell’ opinion on Super Group

Spruce Point Capital Management issued a report entitled “A Super Simple Short Thesis” that outlines why the firm believes and estimates that shares of Super Group (SGHC) face up to 20% – 50% potential long-term downside to approximately $4.25 – $6.80 per share, representing material risk of market underperformance.

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