From conversations I have had over the last week and reports I have read, I am now thinking that I need to actually be on a short trade for SYD.
The government has zero intention of opening our boarders until we are at zero risk of new transmission and that seriously could be years.
Was thinking SYD might become a buy circa $3 and now I can actually see sub $1.
The support from instos last week shows just how little these muppets actually know.
10x
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- Ann: SYD completes institutional component of Entitlement Offer
Ann: SYD completes institutional component of Entitlement Offer, page-11
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