COMMENT: Tone deaf Fletcher directors keep stumbling at hurdles

Mon, 26 Nov 2018

By Jenny Ruth Nov. 26 (BusinessDesk) - Tone deaf – that’s the most apt description summing up the attitude of Fletcher Building’s directors at the annual shareholders’ meeting earlier this month. Leave aside for the moment all the reasons shareholders have to be aggrieved at the destruction of shareholder wealth during the past couple of years. For a second year running, those protesting Fletcher’s planned 480-house development at Mangere near the airport grabbed the spotlight during question time. Since Fletcher had just chalked up...

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