This is what I was thinking when I was researching SYD a couple of days ago
Shareholders equity 2015: 1315m
2016: 1087m
2017: 634m
2018: 72m
2019: -754m
even from my inexperienced perspective seemed to be having a lot of issues well before corona with the absolute destruction of sh's equity. Why anyone would buy this for the long term escapes me.
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Why?, page-13
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