iPredict Fonterra futures launched

Online predictions website iPredict launched it’s first contracts on Fonterra payouts today.

When I checked the website it was showing A 99% probability the 2010/11 payout will be more than $7.90 before detentions; a 98.3% probability the payout will be more than $8.00; a 69% probability it will be more than $8.10; an 18.7% chance it will top $8.20; and a 4.7% chance of more than $8.30.

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