Fonterra eyes ways to ensure liquid market

Sharemilkers are open to the idea of buying Fonterra shares (Image: Unsplash)

Tue, 20 Jul 2021

Fonterra is looking to allay farmer concerns about the liquidity and value of their shares if the cooperative switches to a farmers’ only market.The dairy giant is currently consulting on a new proposed capital structure and this week said it was considering some changes to the original proposal, including letting sharemilkers buy shares.“A lot of the things we have heard is asking us to look at different ways we can support the trading or a better trading outcome,” said chief financial officer Marc Rivers.A key component...

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