date:Jun 22, 2012
Under the TAF scheme, which shareholders are set to vote on next week, farmer shareholders will be able to buy and sell their shares to other farmer shareholders using the Fonterra Shareholder Market.
According to Sir Henry van der Heyden, the cooperatives chairman, the cash invested in buying units in the Fonterra Shareholders Fund will go straight to the farmers selling their shares, not to the firm.
During the recent farmer meetings, it had been suggested that the purpose of Trading Among