With Fonterra’s share price at a 5 year low, will management’s new focus on NZ milk hit the sweet spot?
Back in October 2016 Fonterra’s shares traded at NZ$5.9. However, shoot forward 5 years and the stock has gone backwards to NZ$3.35 leaving management with more questions than answers. Fonterra is a dairy cooperative, owned largely by New Zealand based dairy farmers that supply the business. In Asia-Pacific, Fonterra is a well known brand. China […]