good info @Hopeful was also aware ( there are also smoke and mirrors involved - other non related issues ) I deal a lot with terminals in both PK and Newcastle shippers are struggling to fulfill contracts and grain vessels waiting offshore for a month - so plenty of demurrage costs stacking up. most coming in by road / which at present also very challenging however and somewhat bizarrely - the rain events have prevented vessels from loading so the stocks are still coming into the ports . it is probably the most severe logistical issue the handlers have had - but as we all know - only the strong survive - so I would put Graincorp amongst the strong. there have been several new players in the shipping /grain game - they will feel the hardest impact .
GNC Price at posting:
$8.69 Sentiment: Buy Disclosure: Held
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