Ann: 2020 Annual Meeting presentation (including Outlook), page-84

this is a game of flush out the small investors and when the two firms who are short selling think they have hit the bottom they will put their accumulation algos in to play and slowly cover and ride the wave back up to February reporting.

Its disappointing the share market goes through these cycles which have nothing to do with fundamental values but more to do with staring down your opponents to make a buck. i.e. go short then go long, which you can easily do with a2 because medium / longer term its a growing company.