"I lost faith in the management merry go round and overall state of the NZ economy."
FBU management have always been second-class so there's nothing new there.
And the writing was already on the wall for the NZ economy as far back as Q42022 and Q1, 2023, when it already begun contracting, so you shut the door in 2024 after the horses were already gone.
So you aren't saying anything and it sounds like classic contra-indicator investing to me.
Which means the stock is probably going to go up from here.
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FBU Price at posting:
$2.60 Sentiment: None Disclosure: Not Held
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