Took less than a week to bounce above $4.00.
A move to L1 today should hopefully cement in the $4.00 mark to build the sp higher.
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Don't think the Covid level would be relevant for Fletchers (well, as long as it is L2 or below). What will make a difference is if there are sufficient jobs around and whether they are not just able to win them, but as well able to make money with them. Didn't work out that well for them throughout the last construction boom (and this was without Covid).
Not quite sure I share your optimism, though - if I compare FBU's share price to AIR, than FBU is clearly undervalued :p; On the other hand: AIR can fly while FBU can only crash and burn ... this might explain the difference for the punters.
All views are welcome. [/QUOTE
Lol
Is today's announcement kind of an indication of upcoming FY divvy at this stage is a 50/50 chance?
This from y'day..
https://www.nzx.com/announcements/354406
Putting my post ('all views are welcome") in context:
https://www.sharetrader.co.nz/showth...-Serko/page102
Serko put on 40% after the postings above.
In life, you have to stick with your own views after considering other views, be them negative or positive.
Absolutely - and sometimes you will be right and sometimes you will find you are wrong.
Glad for you it worked out for you this time. Markets currently in some unreal lala-land and absolutely separated from reality. Good for the people who took the gamble.
Does not change the fundamentals, though, doesn't it?