Fonterra Shareholders Fund

[robbo24]

Hi Silverlight,

I used the online application form under "New Issues" on the Direct Broking website a few weeks ago. The form just asks whether you want to be mailed a prospectus and how much NZ$ you wish to spend. I wouldn't want to disclose the amount but it does not exceed the notional "$10,000 threshold" discussed in earlier posts.

Then I called Direct Broking and they told me I had a "firm offer" as per the prospectus. Direct Broking told me that I couldn't apply for an amount of units (I suppose because the price has not yet been determined) but rather had to specify an amount to invest.

I like the idea of investing in this large exporter because they seem to perform well even with a strong NZ$.

I'm interested to see how it all pans out. I'm also keeping an eye on my XRO shares

EDIT: I did notice that the part at the back of the prospectus does not have images of the relevant persons signatures (where it appears there should be signatures) - made me think of ss 39 & 41 of the Securities Act 1978...

[Baaarney]

I too registered interest through the Direct Broking website and received a copy of the application in today's mail as part of their Brokers Firm Offer

still undecided about applying - some helpful comments here which I am still digesting

[noodles]

I got 10K through asb securities. This was scaled back substantially.

[BIRMANBOY]

I finally received prospectus . nice quality..I'd hate to think how many they had to ship out..must have cost an arm and a hoof. Still out...I think too many buying into the "iconic" factor here.. Can see better dividends in other places would be my feeling.

[BIRMANBOY]

Well Baaaaarney..with a name that that I would have though participation would be frowned on.

I too registered interest through the Direct Broking website and received a copy of the application in today's mail as part of their Brokers Firm Offer

still undecided about applying - some helpful comments here which I am still digesting

[Baaarney]

Well Baaaaarney..with a name that that I would have though participation would be frowned on.

It appears that Direct Broking agree - their allocation is fully distributed and my (relatively small) application is on a waiting list, and I suspect unlikely to be filled.

[POSSUM THE CAT]

I got the small amount I wanted from Direct Broking last Thursday.

[lowrolling]

Price has been announced at $5.50 per unit

[ananda77]

Price has been announced at $5.50 per unit

...waiting for an entry below NZD 5.00

Kind Regards

[Balance]

...waiting for an entry below NZD 5.00

Kind Regards

Brokers expect units to list at over $6.00 on Friday as offshore investors could have taken the issue at least 5 times over. They stopped marketing after Singapore and Hong Kong because it was getting embarrassing.