I think I start seeing some encouraging signs for FPA:
1. The interim banking loan indicates that financial institution(s) are not worried.
2. Management is not rushing into things, so it is not a fight for survival. There is a systematic working through of the problem, see points 1 & 3.
3. Reducing the working week and thus reducing operating costs.
4. A NZ$, which has strengthened recently.
5. A share price, which seems to have bottomed out.
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