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
$2.82 |
Change
-0.030(1.05%) |
Mkt cap ! $2.998B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.85 | $2.77 | $942.2K | 336.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 6834 | $2.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.83 | 9363 | 2 |
View Market Depth
| Last trade - 10.55am 24/06/2025 (20 minute delay) ? |
| FBU (ASX) Chart |