Taking a quick look at Shortman Chart...

Taking a quick look at Shortman Chart (http://www.shortman.com.au/stock?q=jhc),  at 7% open shorts, I'm calling shorts to start covering and revert to around 4-5% of total shares issued.
Particularly the 484K opened yesterday are feeling the buying pressure now that SP is above $1.95
Perpetual Limited as you can all see became a substantial holder on 28th of Sept 16, and I'm expecting them to buy any dips to take advantage of the 8.4% fully franked dividend and also short covering.

Regards,

Ninja Tuna of the Bering Sea