Fonterra could allow cash-strapped farmers to sell 'wet' shares to reduce debt, analysts say
By Fiona Rotherham April 5 (BusinessDesk) - Fonterra Cooperative Group could let farmer shareholders sell “wet shares” – the shares held based on annual milk production - as a way of providing support to its cash-strapped milk suppliers, says broker First NZ Capital. The co...
Conditions now right for recovery in global dairy prices, ASB economist Penny says
By Fiona Rotherham April 4 (BusinessDesk) - Global dairy prices will recover this year as growth in European production has now slowed, says ASB rural economist Nathan Penny. His comments follow a Fitch Ratings report last week that forecast the modest supply response so fa...
UPDATE: Rakon's 'internet of things' investment to be earnings positive by 2018
(Adds Rakon and Sigfox comments) By Fiona Rotherham April 4 (BusinessDesk) - Rakon’s cornerstone investment in an Australian start-up rolling out a new “internet of things” network in Australia and New Zealand in partnership with French company Sigfox is expected to start h...
Rakon takes cornerstone stake in start-up rolling out 'internet of things' technology
By Fiona Rotherham April 4 (BusinessDesk) - French company Sigfox will roll out its low powered wide area network technology in New Zealand and Australia through Australian start-up Thinxtra, in which listed Kiwi high tech component manufacturer Rakon has become a cornerstone...
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