Sam Stubbs: Simplicity Founder on Fletcher Building's shares plummeting after the announcement of their half-year financial results

There’s a view that the entire Fletcher Building board should go as the company's Chief Executive and Chair call it quits.  The company's half-year financial result was announced alongside the two resignations, a first-half loss of $120-million.  Shares have plummeted.  Simplicity Founder Sam Stubbs told Mike Hosking that he believes the board would struggle to tell shareholders why they should stay.  He claims the company's been a 'trainwreck' for some time now.  LISTEN ABOVE See omnystudio.com/listener for privacy information.