Why?, page-70

Of all the travel onesie twosie stocks on ASX that you could buy like QAN, FLT, WEB, AIA, REX and the rest SYD is perhaps the most solid.

They arnt in as much financial trouble as the other ones mentioned in terms of liquidity as SYD had a very successful CR recently.

The only reason SYD is down is simply the fact that it is not as sentimental as the other ones. You will see that just by comparing the % of other travel stocks going up the past few days and compare it with SYD.

In other words, SYD is perhaps the only travel stock where the reopening news has not yet been priced in, all the others are already too expensive when you think about their rev potential vs liquidity.

Let few announcements about border openings and travel bubble between NSW and NZ come out and this thing will take off.