SYD's main positive is that it's a stapled security, so drops in dividends are less likely, since the bond is attached.
For full disclosure, I've got some 2 month Puts on SYD. The underlying long term isn't the issue, it's that my own company just banned non essential travel to 3 out of our 4 biggest supplier countries (including the country of the parent company). It's about this time of the year that people start planning their Summer holidays, and I suspect that those won't go well in the short to medium term.
SYD Price at posting:
$7.77 Sentiment: Sell Disclosure: Held
