I assume you are referring to my previous post? That post was worked out on T.A. not F.A. We all know from recent announcements that a couple of big players have been buying and selling the stock. That had a big impact on the decline from circa $4.40 down to $3.62. We hope that seller has sold out or at least reduced their position to where they are comfortable at.
GNC has a long listing history so anyone can read back through their company announcements to see what moves the stock. Weather, Grain Prices, Yields, Tonnage, Off take agreements such as buyer orders, quality of grain delivered, world wide production, supply n demand, announcement of a special dividend are immediate things that come to mind that could move the price. WD Gann used charting extensively in his days (1930's) But he also went touring to view the crops in the field. Corn, Soybeans, Wheat etc. His books are priceless reading imo.
GNC can be a volatile stock but these days what stock is not volatile? Even property trusts have been hammered. I have a rural upbringing thus have more interest in this stock than say many city dwellers. Its not everyone's cup of tea but in favourable seasons can bare good fruit. DYOR.
P.S. We need more Hopeful9 type ppl on the register.
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GNC
graincorp limited
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0.89%
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$7.79

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Last
$7.79 |
Change
-0.070(0.89%) |
Mkt cap ! $1.737B |
Open | High | Low | Value | Volume |
$7.86 | $7.88 | $7.79 | $1.623M | 207.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 3849 | $7.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.80 | 8420 | 35 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 3849 | 7.790 |
11 | 6426 | 7.780 |
17 | 21549 | 7.770 |
12 | 21879 | 7.760 |
9 | 8287 | 7.750 |
Price($) | Vol. | No. |
---|---|---|
7.800 | 8419 | 34 |
7.810 | 5946 | 28 |
7.820 | 5179 | 15 |
7.830 | 24500 | 13 |
7.840 | 9536 | 12 |
Last trade - 13.20pm 25/06/2025 (20 minute delay) ? |
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GNC (ASX) Chart |