Unitholders ‘short-changed’ by Fonterra move: analyst
Earnings impact of more concern than reduced price transparency.
Analysts say they are unconcerned by reduced transparency in Fonterra’s milk price after it announced a move away from the GlobalDairyTrade auction platform.
James Bascand of Forsyth Barr said the change was logical given reduced sales on the GDT auction platform.
“I don’t think it’s an
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Tim Hunter
Mon, 01 Aug 2016
Mon, 01 Aug 2016
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Unitholders ‘short-changed’ by Fonterra move: analyst
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