Can anyone explain what's going on with the SHJ share price?
I've been holding for five years and I really thought many of the negatives were behind us (management/board changes, and being dragged down by S&G's implosion). And most of the recent news and environment has been positive:
1H results all positive - metrics were decent and improved over PCP
Success in major class actions
No stated impacts from COVID - actually nothing stated at all - but shouldn't be much affected except for a slowdown in court hearings
Defensive stock in times of recession
Guidance indicating some growth
A stable, slightly growing, defensive, and dividend-paying stock with PE of 6 and dividend yield of >5%... why has it fallen 20% in the last month and a half? Is there no investment return here except for a shareholder class action?
GLTAH.
SHJ Price at posting:
68.5¢ Sentiment: Hold Disclosure: Held
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