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3 Apr 2020 11:44
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  •   Home > News > Rural

    Fonterra shares are falling fast

    Fonterra shares are falling fast


    Fonterra
    Fonterra
    They're now 30 percent lower than this time last year, at 3-dollars-49.

    Market analysts say the steady decline is not surprising - given the predicted downgrade in the company's earnings.

    Fonterra's farmer-owners say the company's assets are the measure of its value, not its share price.

    © 2020 Newstalk ZB, NZCity


     Other Rural News
     28 Mar: During the coronavirus lockdown many farmers are still struggling with Mycoplasma bovis
     24 Mar: Heightened health protocols will cause only minor hold-ups to Fonterra's milk operations through the four-week lockdown
     18 Mar: Fonterra says demand's still strong for dairy in China, as it weathers its Covid-19 outbreak
     05 Mar: Longstanding Fonterra chairman, John Monaghan, is stepping down from the dairy co-operative's board
     19 Feb: The coronavirus outbreak is continuing to push down global dairy prices
     05 Feb: Global dairy prices have taken a hit, following the outbreak of the deadly coronavirus in China
     15 Jan: The Revenue Minister says he's asked officials to look at the tax issues around Mycoplasma bovis
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