They've botched things badly but it's a champion of the NZ economy so I can't see it losing its position, too important. There's lots of value to be unlocked so I've taken a first position.
Still plenty of risk (particularly with tax loss selling around the corner) so only a modest position so far but a couple of trade sales of their underperforming businesses and FBU could turn around quickly with new management.
Probably would (should?) have waited but I'm feeling a bit chipper with the SXE and AGL announcements of the last couple of days and with URW returning to dividends.
Ann: Fletcher Building announces HY24 Results, page-40
Add FBU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.77 |
Change
-0.180(6.10%) |
Mkt cap ! $2.169B | |||
| Open | High | Low | Value | Volume |
| $2.85 | $2.89 | $2.77 | $4.919M | 1.747M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 45289 | $2.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.78 | 8564 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$2.78 |
Change
-0.180 ( 5.84 %) |
||||
| Open | High | Low | Volume | ||
| $2.86 | $2.89 | $2.77 | 436379 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| FBU (ASX) Chart |