Rationale is in the chart.
EDIT: FONTERRA just announced a major dividend cut and reduced forward guidance. That's a pretty big deal. FONTERRA is to NZ what mining is to AU. Before deciding how to act be sure to give this some serious thought. And the US House and Senate just announced a budget deal which will avoid, at least through the first quarter 2014, any shutdowns like this past October.
EDIT: FONTERRA just announced a major dividend cut and reduced forward guidance. That's a pretty big deal. FONTERRA is to NZ what mining is to AU. Before deciding how to act be sure to give this some serious thought. And the US House and Senate just announced a budget deal which will avoid, at least through the first quarter 2014, any shutdowns like this past October.