odd price drop, page-4

I think that today's drop is due to 2 factors.

1. It has gone ex-div
2. The remaining 30 million shares held by Sprusons principals is now able to be sold since the half year report was issued.

So, you have a lot of Sprusons principals looking to offload stock after it goes ex-div, which is flooding the market with volume more so than normal when a stock goes ex-div - it's those two factors combined.

The good news is that this should be a temporary adjustment and there are no more Sprusons shares held in escrow. So hopefully upwards from here.