sharetrader
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  1. #581
    On the doghouse
    Join Date
    Jun 2004
    Location
    , , New Zealand.
    Posts
    9,301

    Default

    Quote Originally Posted by Sideshow Bob View Post
    Sharesies going to take over trading of Fonterra shares....

    https://www.farmersweekly.co.nz/mark...3pqJF0q4FBwLPE
    Yes but these are the farm owners shares.
    "Fonterra Co-operative Group shares can only be held by current or former supplying farmers, sharemilkers, contract milkers or farm lessors. Former suppliers can also transfer Fonterra shares to their relatives or related parties. "

    You have to own a farm to be able to trade them.

    SNOOPY
    Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7

  2. #582
    Guru
    Join Date
    Jul 2004
    Location
    Bolivia.
    Posts
    4,969

    Default

    Quote Originally Posted by Snoopy View Post
    Yes but these are the farm owners shares.
    "Fonterra Co-operative Group shares can only be held by current or former supplying farmers, sharemilkers, contract milkers or farm lessors. Former suppliers can also transfer Fonterra shares to their relatives or related parties. "

    You have to own a farm to be able to trade them.

    SNOOPY
    Correct - it isn't like Team Sharesies can pile in and buy Fonterra.....

  3. #583
    Senior Member
    Join Date
    Jun 2008
    Posts
    886

    Default

    Quote Originally Posted by Sideshow Bob View Post
    Sharesies going to take over trading of Fonterra shares....

    https://www.farmersweekly.co.nz/mark...3pqJF0q4FBwLPE
    They also bought Orchestra from Snowball Effect. Also have a communication solution for companies that the likes of Infratil use. Brick by brick they are building an Unlisted replacement... maybe even a NZX replacement. NZ badly needs it, more power to them.

  4. #584
    Guru
    Join Date
    Jul 2004
    Location
    Bolivia.
    Posts
    4,969

    Default

    Quote Originally Posted by Jaa View Post
    They also bought Orchestra from Snowball Effect. Also have a communication solution for companies that the likes of Infratil use. Brick by brick they are building an Unlisted replacement... maybe even a NZX replacement. NZ badly needs it, more power to them.
    A USX replacement definitely wouldn't be a bad thing.....

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