FSF 2.11% $3.72 fonterra shareholders' fund

Interesting one this. I bought in a few months ago. This entity...

  1. 7,277 Posts.
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    Interesting one this. I bought in a few months ago. This entity owns about 7% of the Co- Op. a bit illiquid for sure and probably not for the Traders. 10c NZ dividend just announced plus in October a 50cNZ return of capital. Profit looks good. Not too shabby. The sale of one of their overseas businesses in South America which gives rise to the 50c return, won’t affect ongoing profits by much. All in all, looks cheap. 15% withholding tax on the dividend, but you get that back in the washup. Happy Days!
 
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Last
$3.72
Change
-0.080(2.11%)
Mkt cap ! $399.5M
Open High Low Value Volume
$3.75 $3.78 $3.72 $37.91K 10.11K

Buyers (Bids)

No. Vol. Price($)
1 2000 $3.50
 

Sellers (Offers)

Price($) Vol. No.
$3.78 4526 1
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Last trade - 13.48pm 18/06/2024 (20 minute delay) ?
FSF (ASX) Chart
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