I believe Herd is running because it was expected profitability in 2022 as last half was profitable. I too was very unpleasantly surprised. Maybe others are fed up. Another reason is the general bear market and the recent rises in interest rates - to me it looks like any negative news is massively amplified in the falls in share price. The wars, etc all the stuff going on, IMO most negative news is being amplified with respect to the stock price
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