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[sharechat] Of interest to Fletcher Building investors


From: "David Thompson" <dvd_tpn@hotmail.com>
Date: Sun, 11 Jun 2000 09:37:05 NZST


Interesting article in the Sunday Star Times today about the fact that it 
would be difficult to find a single buyer for Fletcher Building because of 
the diverse divisions that is housed within FLB.
Analysts are of the opinion that because of this, FLB would be unappealing 
to any single buyer who would have to take on the risk of disposing unwanted 
businesses.
Because FLB's business was also overwhelmingly domestic or Australian, it 
was not likely to appeal to international buyers beyond Australasia. There 
was also no natural buyer readily identifiable in both OZ and NZ at present.
I suggest that FLB investors read the article.
Cheers,

David Thompson
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