News: UPDATE 2-Australian retail stalwart Myer posts worst annual profit since listing, page-43

The last dividend saw a share spike just after the ex date.

MYR is Primed to have another spike of its usual swing size that could take MYR to 1.10c for a run.

The Shorts and warrant contracts work in sync and get unwound somewhat after a dividend.

Thw weight of the expected dividend dip is what makes the warrant/short type trade a profitable one for the market maker and funds.

If im close to right with my basic understandings of this, then the ex-date should bring about a swing reversal.

The ex-date day will still dip the 2c , but thereafter the next dividend isnt for 6 months ,

So it should force alot of the shorters and warrant writers to unwind their trades.

1.10c is in swinging range based on the history of the chart.