Dividend

Strange when you look at VTG and then compare to a company like Empired IT. Empired withdrew their dividend in the results today, and shares went up nearly 3% still.
WE had solid results, a dividend, yes we got smashed with the bonkers market, but no recovery, so we are down around 7%........imagine if divi was witheld - what would we be down then ??

Strange stock this, still getting my head around the share price movement......