The benchmark petered out on Friday, with SaaS firms still out of favour.
The electricity generator and retailer has no immediate need for new equity but has potential for significant further investment, says Forsyth Barr.
Fletcher previously booked a $15m provision for Wellington Airport's $40m claim, but latest disclosures point to a higher figure.
A positive year for kiwifruit was offset by poor avocado export returns.
Stock falls 15% after release of latest stats.
Further costs of $55m-$65m announced relating to ‘probable future claims’.
The company is seeking stability after its first loss in two decades last year.
Local experts weigh in on the Trump administration’s criminal investigation into Fed chair Jerome Powell.
But it notes Simplicity’s proposed KiwiSaver-backed listed infrastructure fund is less interested in being involved in PPPs.
Investor is set to receive just over $25 million if Bourns’ proposed takeover offer is successful.
