Yep quite true. Yet the correlation between SP of GNC:AU and how it looks to follow ADM:US still seems to look valid to me. I'm still though trying to pick if this correlation is causation or not, could just be former and a totally unrelated coincidence, though am tending to see it as the later where well not directly causative it is the result of shared macroeconomic causes, yet with the US leading in its response to them.
What surprises me is there doesn't seem to be any clear seasonal variations between GNC:AU and ADM:US when looked at per week covering years.
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$7.78 |
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Mkt cap ! $1.729B | |||
| Open | High | Low | Value | Volume |
| $7.83 | $7.86 | $7.73 | $6.205M | 796.2K |
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| No. | Vol. | Price($) |
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| 1 | 3114 | $7.76 |
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| Price($) | Vol. | No. |
|---|---|---|
| $7.82 | 2941 | 2 |
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| Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
| GNC (ASX) Chart |