Fletcher Building's financial fumble
ANALYSIS: A $300m share buyback has left loyal shareholders worse off.
Fletcher Building's share price has plummeted since its on-market buyback began a year ago.
All Whites fans and sharemarket investors have much in common this week.
There is the pain of loss amid a sea of red, the anguish of lost opportunity and the search for reason in the apparent randomness of events.
Are the plummeting prices justified by fundamentals? Was the referee right to disallow
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