There's quite a few newbies on JRL's register, some with...

There's quite a few newbies on JRL's register, some with substantial holdings.
I don't want to ramp this but JRL will have $17m of liquid assets after the dividend payout which I do not think will sit idle for very long after the ex dividend date.
$0.67 is a long way to fall so I think this is what the new holders with substantial holdings will have done their risk analysis on. They bought in for not only the dividend but for an SP rise soon after the ex dividend date.

It is my take on what may happen but of course I am mostly wrong so DYOR.