Are you referring to the SP not travelling so well? The SP is down partly because of the cheap placement in November IMO. It was badly structured IMO. Many recipients probably did what I would do - sold the heads - even for a capital loss (good for tax), and they will keep the options as free or near free tatts tickets. I always love those kinds of cheap deals (but virtually never get offered them as I am too far down the food chain maybe), but not if I am a holder of the stock. I have been happy to long ISX as there has been a lot of good news, but the SP is still subdued. Reduces the downside risk.
ISX Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
