GNC 0.81% $8.61 graincorp limited

2021-22 Harvest Updates, page-254

  1. 478 Posts.
    lightbulb Created with Sketch. 14
    Graincorp should do well imo, in the short term (6-12months) . As a grain grower I'm zero fan of Graincorp but they pretty much have a monopoly, at least in nsw. Farmers have very limited options but to deliver grain to a gnc site. Now grade/quality doesn't really matter to the site nor the buyer of the grain as they have fixed prices on delivery and outloading (approximately 15$per tonnes) no matter the quality or buyer. It's about how much. Every site near me is full and trains flat out trying to make space. I have zero interest in buying gnc share or selling (I have none to sell haha) but I personally would be buying atm instead of selling. Good luck to all holders
 
watchlist Created with Sketch. Add GNC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.