You're correct, it wasn't enough to stop the share price cratering. Even though I formed an opinion at the time that the pictured defects were likely the result of installation issues I exited FBU (in June) because I lost faith in the management merry go round and overall state of the NZ economy.
Consequently I don't have a view on FBU at the current time. But at this stage I'm unlikely to make a return in the short term.
Hope that helps.
FBU Price at posting:
$2.63 Sentiment: None Disclosure: Not Held
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