Totally agree. In the case of FPartners the cowboys where invited back in. Book build pre listing at its finest. Then let the new guys clean up the mess.
If the industry is expanding at say 3 percent and your achieving 10 percent growth something has to be compromised. That something is either price by altering residual positions or credit.
In these guys case it is both. The industry is ultra competitive on service levels and product offering. Very difficult to obtain a strategic advantage in those areas.
Hard to acertain how deep the issues permeate the book
Totally agree. In the case of FPartners the cowboys where...
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Last
$3.58 |
Change
0.080(2.29%) |
Mkt cap ! $872.7M | |||
| Open | High | Low | Value | Volume |
| $3.59 | $3.60 | $3.55 | $1.000M | 279.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 482 | $3.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.58 | 2318 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FPR (ASX) Chart |