Trouble ahead for Fleetwood

A bad result with no recovery in sight. The future looks bleak.

The storm clouds hovering over mining services dumped a load on Fleetwood Corporation (FWD) this morning.

If the sector was looking shaky, Fleetwood provided ample justification for the fears with a bad result that was even worse than expected (and which Eureka Report had warned subscribers about back in May).

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Ian Verrender

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