FBU 1.26% $2.75 fletcher building limited

1. Bad business model 2. Bad balance sheet 3. Bad managers 4....

  1. 16,411 Posts.
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    1. Bad business model
    2. Bad balance sheet
    3. Bad managers
    4. Bad industry structure
    5. Bad macroeconomic conditions.

    Little wonder the stock is currently trading at more than 2-decade lows.

    Items 1 to 4 are permanent/semi-permanent, so the only reason to own the stock is because Item 5 might somehow magically turn around.

    But given some of the structural constraints in place, I wouldn't hold my breath waiting for that to transpire.

    .
 
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Last
$2.75
Change
-0.035(1.26%)
Mkt cap ! $2.157B
Open High Low Value Volume
$2.76 $2.78 $2.73 $2.908M 1.052M

Buyers (Bids)

No. Vol. Price($)
18 36332 $2.74
 

Sellers (Offers)

Price($) Vol. No.
$2.75 27453 52
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Last trade - 14.10pm 30/05/2024 (20 minute delay) ?
Last
$2.75
  Change
-0.035 ( 1.06 %)
Open High Low Volume
$2.77 $2.78 $2.74 212634
Last updated 14.30pm 30/05/2024 ?
FBU (ASX) Chart
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