REH 2.20% $25.57 reece limited

REH moat, page-87

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    lightbulb Created with Sketch. 103

    Thanks for pointing this out - had been meaning to take a look at fbu. Just for some context - the ebit for tradelink was 5mil nzd for fy17. The write down on tradelink was 153mil.

    Was hoping to read that they were going to close down tradelink stores... maybe next year!
 
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