This paper though advertising a service clearly sets out the...

This paper though advertising a service clearly sets out the likely consequences of a second strike. There is a great deal of research on this subject some of which is very technical but all coming to the same conclusion if your aim is to punish ordinary retail shareholders by crashing the share price voting for a second strike is likely to achieve that aim.

My opinion only DYOR

Fact Finder

Can a ‘strike’ affect company share price?

To put this theory to the test, we looked at companies in the ASX 300 that received a strike from 2016 to 2022.

For companies that received a ‘strike’ during this period, we posed two questions relating to the share price in the year that followed:

1) What is the likelihood of a share price reduction*?

The graph below shows that there is a greater than 50% chance of a share price drop following a ‘strike’.

2) If there was a share price reduction*, what was the average drop?

The graph below shows that if there is a share price drop it is by approximately 30% on average.

*Note calculations based on closing share price day prior to AGM and closing share price last trading day of financial year.

https://www.therewardpractice.com.au/can-a-strike-affect-company-share-price/