SYD 0.00% $8.72 sydney airport

SYD's main positive is that it's a stapled security, so drops in...

  1. 19 Posts.
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    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.
 
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Currently unlisted public company.

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