So $750m capital raising at $4.80
All honky dory for the future of Fletcher’s once they get rid of Formica.
Do we call this a shareholder ‘bail out’?
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So $750m capital raising at $4.80
All honky dory for the future of Fletcher’s once they get rid of Formica.
Do we call this a shareholder ‘bail out’?
desparate moves by a troubled company
westfarmers confirms it does not own shares in fbu .... nice story to pop the shares
Do they need OIO approval as a good % of S Hers are domiciled outside of N Z ?
now they state there is problems with the puhoi highway, what other "problems " are out there yet to be revealed ?
https://www.nbr.co.nz/article/fletch...roup-jr-214750
Some interesting thoughts in the comments section about likely motives for the Wesfarmers story.