More low share price reasons.
Other then tax loss selling, there has been more selling by URA which seems to be holding the price down to. At least that is what I gather from some Twitter literature. Unfortunately I couldn't find the tweet again, so I can't lay credit to the ownership for this tweet or have any sense for how true this is.
But it appears to have happened last year too and If I remember correctly there can be quite a leap in price once the tax loss season has ended.
All the besat
TN