News: SHJ Shine Justice Expects Low Double-Digit Pct EBITDA Growth In FY22, page-5

Ex divi

plus manipulation and/or weak or worried holds getting out

Its also worth making the point that many holders have been in this stock for a very long time and seen them through this ethicon matter and appeals and to be frank the company hasn’t exactly done much to reward holders for their loyalty by way of a special divi or buyback, or even a hint that this will eventuate.

In a pessimistic market you can’t just be good to maintain or increase your price: you basically have to incentivise the purchase of your shares. Shine’s not doing it and with inflation going up their unfranked, CPI level dividends are becoming less attractive.

Technicals aside, it’s only worth what people are willing to pay for it.