It is clear the purchases of rural publications is to influence farmers to ultimately allow Fonterra to list which is the NZX’s end game. Hey, means more fees for them which is where one conflict exists.Meanwhile, more Mark Weldon news – he’s having a good day:
You are correct: you cant be a regulator and be in business at the same time. If Weldon wants to be in business then fine, give up the regulatory function.
If Jane Diplock has any integrity on this whatsoever she would question it and ask the same hard questions you have here. Based on current form I doubt this will happen.
The share price of stock market operator NZX has shot up as much as 10 percent today.According to Cactus, he is the third-largest shareholder in NZX, owning 6.51%. Talk about incentives.