I don't totally disagree with you.
What I see is the price reacting to sentiment. But how significant is a locktown of a fairly small city (in global comparisons) to travel opening up to Europe, USA.
Sentiment is a huge player. Today it get's smashed, probably tomorrow also but the bottom line on a global scale, travel is opening up and therefore some sort of revenue generated.
Yes, 10.5% shorted but it's in the lower end of the scale from nine months ago.
If this was about QAN, yes, far bigger issue.
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