Coming back to MFG share market performance, I don’ t get it how...

Coming back to MFG share market performance, I don’ t get it how the market has reacted. I know these are short term reactions, but I like to know what the others see so negative. Just to put down the numbers-: —Underlying profit 454 m for 2021 FY in the annual reporting excluding $154m and $41m. —Ignore 154m on fund restructure- one off not in 2022FY — Ignore loss of $41m as this is part of $156m already invested in principle investments. These are not reoccurring expenditure. In the worst scenario MFG can walk away without incurring further $. —-So in 2021 MFG profit is $454m on ave FUM of 103.5, which is EPS of $ 2.45 , slightly better than last year. —FUM for 2022 is $117m already in July. Ignoring the rest of the year, based on 117B eps for 2022 is $2.80 or so. —In addition during last few days A$ drops significantly and most of the portfolio goes up in spite of the two Chinese stocks. —-Based on these numbers how did the MFG SP price drop more than 11% on release of the data. During this period there is no market upheaval either. Can someone explain to me.? Or I am missing something.? Or is it the irrational behaviour of the market from time time.