Jupiter Fnd Share Price (JUP)

Anyone have any insight into this afternoon's rise?

My recent dividends from JUP have been reinvested today.
More than happy to have dividends reinvested when shares are way off their highs.

With companies starting to pull dividends, wonder if JUP will make any announcement in the coming weeks.
Suspect not, given no special dividend this year following the recent acquisition and wanting to maintain some investor confidence, especially with a 50% SP fall in 1 month, but you never know.
Added some more here at 1.90 this week, will be looking to add again next week too.

Added some more today, following this going XD.
Will add further at this price next week too when I have some more funds.

This is now looking incredibly oversold and represents a great buying opportunity. Some funds are still shorting this (currently 3% of the stock is being shorted - was over 10% in May last year) yet as a long term hold there is money to be made from current levels. Interesting to see how Silchester International Investors LLP continue to quietly increase their holdings here. Back in Feb 2018 they owned 5% of the company. As of just a few days ago, they now own over 18%. They clearly see value here and so do I.