GAVIN EVANS: Direction sought for Fonterra fund holders

GAVIN EVANS: Direction sought for Fonterra fund holders
Gavin Evans
Fonterra’s return to profitability and recent firm demand for the country’s dairy products are good news for the economy and investors.Holders of Fonterra Shareholders' Fund units are also looking forward to their first dividend since April 2018. The 5-cent payout next month will – barring some dramatic event in the next two weeks - reduce their per-unit loss in the past two years to 80 cents.The unit trust was introduced with much hype in 2012 promising investors an exposure to a global-scale dairy player with “stab...

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Potential Mainland buyers may soon tap regulators
Primary Sector

Potential Mainland buyers may soon tap regulators

Fonterra's divestment process is gaining traction.

Riley Kennedy 17 Apr 2025
TTR files fast-track application to mine Taranaki sand
Primary Sector

TTR files fast-track application to mine Taranaki sand

Seabed mining firm Trans-Tasman Resources has lodged its application to fast-track its project to harvest iron sands off the coast of Taranaki. The firm's parent company, Manuka Resources, told the Australian Securities Exchange (NZX) on Wednesday that the application was lod...

Staff reporters 16 Apr 2025
Scott Technology's revenue drops 14%
Primary Sector

Scott Technology's revenue drops 14%

Its long term strategy is not far away.

Riley Kennedy 16 Apr 2025