Forsyth Barr’s Aaron Ibbotson says global markets have largely powered through on the basis that the Strait of Hormuz will reopen ‘one way or the other’, while mega tech firms cull jobs.
The company has also posted a profit of $9.7m and increased revenue.
The move is part of the company's aim to sell more everyday dairy products.
The bookbuild was oversubscribed.
Posted $1.3m first-half profit while dealing with labour probe and industry action.
Investor group advises shareholders to engage with legal process
Industry tries to recover after three years of scandal and red ink.
Also, China agrees to buy $US20b of American agri products.
Book charts evolution from elderberry winemaker to fruit food powerhouse.
Film industry expert explains why co-productions are rare in Asia.