I bought a couple of days ago, taking the opportunity from...

I bought a couple of days ago, taking the opportunity from market "indigestion" after the capital raise. For me a high conviction investment based on those tailwinds.

Numbers released this am by SYD confirm the tailwinds. Their comment on Year to date traffic:

Strong foreign demand (+9.8%) contributed to the international passenger growth, with Chinese (+13.1%), USA (+16.8%), Indian (+13.8%), Philippine (+27.3%) and Korean (+11.5%) nationalities performing well. Chinese nationals increased by nearly 10,000 and were the largest foreign contributor of incremental passengers, primarily due to an increase in seat capacity from new and existing airline customers.