Please see attached a Substantial Product Holder notice for New Zealand Superannuation Fund Nominees Limited as nominee for the New Zealand Superannuation Fund being property of His Majesty the King in right of New Zealand and managed by the Guardians of New Zealand Superannuation ("NZSF") in Vulcan Steel Limited ("VSL")
The NZ dollar is trading around a seven-week low.
Its $9 per kilogram of milk solids is in line with Fonterra's midpoint.
Recent performance has disappointed but long-term strategy remains clear, say analysts.
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