Cow bell opens trading

A cow bell will ring to open trading on the New Zealand share market this morning to recognise the launch of Fonterra units.

They’ve been issued at $5.50.

Question of the day: what will they sell for now?

The other question is how many have bought to trade and how many are there for the long haul?

One Response to Cow bell opens trading

  1. And those who bought to trade better remember that profit from their sales will be taxable, because IRD will, and they have the dairy sector firmly in their sights.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: