Andrew Kelleher: JMI Wealth Director on the allegations of leaks the Fletcher Building's pipes

Published: Oct. 15, 2023, 6:16 p.m.

Trading in Fletcher Building resumes this morning after the Kiwi construction giant pushed back on a Perth company's claims about leaks in its Iplex pipes.\xa0

JMI Wealth Director Andrew Kelleher told Mike Hosking that Fletcher is front-footing the allegations, claiming other companies haven't experienced similar issues and it was due to poor installation.\xa0

He says the company's response should be successful in mitigating the degree to which the market will react today, when trading resumes.\xa0

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