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FSF

0.22%

$4.51 fonterra shareholders' fund

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Pokerface

7,403 Posts.

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13/01/23

10:41

Post #: 65671930
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Originally posted by vanpola ↑

FCG is on a private market operated by NZX for Fonterra. Fonterra/FCG is owned by NZ dairy farmers. However, they were able to sell shares into the FSF as units to retail investors (but no voting rights, only receive economic benefit). More recently Fonterra has changed its capital structure and part of that is farmers can no longer sell shares into the Fund (FSF)... hence the price divergence between the two stocks. FCG trades at a lower value due to being a restricted market (only Fonterra supplying dairy farmers can hold shares). Fonterra is currently buying back shares as part of the listing rules needs to release the notice to FSF as well. That's the high level summary - hope it helps.

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Thanks for that info!

FSF Price at posting: $3.06 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $4.51		Change -0.010(0.22%)		Mkt cap ! $484.4M

Open	High	Low	Value	Volume
$4.50	$4.51	$4.50	$10.59K	2.352K

Buyers (Bids)

No.	Vol.	Price($)
1	1	$4.52

Sellers (Offers)

Price($)	Vol.	No.
$4.53	1016	2

View Market Depth

No.	Vol.	Price($)
1	1	4.520
1	500	4.400
2	246	4.200
2	1239	4.180
1	360	4.140

Price($)	Vol.	No.
4.530	1016	2
4.540	1979	1
4.550	2370	1
4.560	2320	1
4.620	220	1

Last trade - 14.08pm 18/10/2024 (20 minute delay)

FSF (ASX) Chart

Thanks for that info!

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Thanks for that info!

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