great rains & forecast

  1. 338 Posts.
    IMO this is a fantastic buying opp fpr Graincorp. Excellent rain events in Sthn NSW & Vic and excellent rains forecast in the next 2 weeks. Expectations of a 16mmt crop on the east coast are very realistic. Remember Graincorp only recevied 9.4mmt this year. Even if they only get 70% of this crop that is almost 2mmt up on this year. With largly fixed cost this should add approx $40m to their PBT for next year. IMO a great low risk buy at these levels
 
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(20min delay)
Last
$7.59
Change
0.020(0.26%)
Mkt cap ! $1.687B
Open High Low Value Volume
$7.72 $7.81 $7.56 $7.452M 974.6K

Buyers (Bids)

No. Vol. Price($)
1 750 $7.57
 

Sellers (Offers)

Price($) Vol. No.
$7.60 1850 1
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
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