looks like conditions in aus for construction have nose dived since may according to ABC doesnt bode well for FBU aus operations probably seen a downturn there too.
https://www.abc.net.au/news/2019-07-...ction=business
I see FBU on the charts consolidating in a big approx $1 range at lows not a good sign , a breakdown might see price head to the 3.80 area. see what happens we will know in hindsight but i see some commentators saying peak construction reached in NZ now and talking to some scaffolders they say things starting to go quiet last couple mths in residential.
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