Hi@ToeInWater
very valid points you have made regarding Graincorp Trading.
however, if you only consider trading, its a case of the tail wagging the dog. Margins in trading will always be narrow, but Graincorp is a grain handler with port infrastructure, transport, and most importantly storage and ability to blend, and latterly, shipping / chartering. The cash cow is the handling.
Storage, transport, handling, loading of ships and shipping care as much as grade of what is being handled as a Trump soiled nappy.
Looking very positive - even if much is downgraded.
Ann: Updated earnings guidance and preliminary 1H24 result, page-23
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Last
$7.89 |
Change
-0.030(0.38%) |
Mkt cap ! $1.753B | |||
| Open | High | Low | Value | Volume |
| $7.91 | $7.95 | $7.84 | $5.166M | 655.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 390 | $7.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.90 | 8860 | 4 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| GNC (ASX) Chart |