Questions of the Week – Sydney Airport and broker estimates

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Question: When Sydney Airport (SYD) announced that they might not exercise their option to develop Badgerys Creek airport, the share price fell to under $6. If SYD decides that the business case doesn't stack up and does not take up their option, what's the likely effect that will have on the share price? If they do take up the option, what will be the effect of that?

Answer (by Paul Rickard)

The $64 question!

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