SYD 0.00% $8.72 sydney airport

Why has SYD held up so well in the current economic enviorment?

  1. 27 Posts.
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    Can some please explain to me why SYD is holding in there at around $5? According to my research SYD has a debt to equity of around negative 1800%, yet for the past decade they have been borrowing money to pay dividends. To me the is sustainable.
 
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Currently unlisted public company.

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