date:Nov 25, 2013
ng, retention of profits, raising additional equity from farmer shareholders, and/or raising equity from external investors.
The board advised shareholders that following further development, the dairy cooperative intends to recommend a partial float where Murray Goulburn maintains 100 percent farmer control, but also allows external investment in Murray Goulburn.
The board stated that the establishment of an ASX-listed unit trust would be similar to one that was implemented by New Zealand dai