mystery

Hi Alll,
I've been in this stock a long time and am puzzled about current price action, particularly in light of PPT becoming a substantial holder recently after purchasing their stake at something round $1.20.

They pay a dividend and look to have good prospects and they claim earnings are stacked towards the second half of the FY which is where we are now...yet the prie is on a fairly solid slide.

Surely macro conditions do not account for all of this?

Anyone suggest reasons for this trading?