Dr W..., Reason, NO ONE can buy land in China, you can lease it long term but the actual ownership stays with the Chinesse ala Hong Kong 1997 , makes a big difference when they EXPECTED to buy N Z farm land, now thats HYPOCRITICAL !!!
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Doesn't sound to good and I hold a few.
https://www.msn.com/en-nz/money/busi...cid=spartanntp
A contingent liability of just $14m on their books, and a bill for $180m
I hope their attention to detail, quality and quality systems is laser focussed going forward.
A HUGe ! award, Must not to have had a leg to stand on and are there others out there waiting to come out of the woodwork after this award ?
Hugh is a big man!
Doesnt justice take so long sometimes that you think its never going to happen ?
(Am I'm not saying this decision is correct or not, just saying it is the current legal status)
I heard this fine is about 11 cps so not that massive. But more to the point of the company and its abilities to succeed.
What I can't figure out is why FSF is up 4c today !
Wished I had been at home, may have sold.
Outstanding.
This was such a disorganised mess by Fonterra. In 2013 they went to AgResearch instead of their own labs or AsureQuality, and in the end one dead mouse at AgResearch sparked the recall. Very poor quality lab work by an unaccredited lab, and in any case they should have expanded the tests before coming to any conclusion.
Hopefully they have much better systems in place now, at Fonterra.
http://www.nzherald.co.nz/business/n...ectid=11120976
Whatsup and Winner, lucky I wasn’t home then!
Thanks.