stayer, I did the calculation and came up with retained earnings of just above A$2.71 a share, which as you imply is significant.
The oilseeds offshoot has done extremely well but I assume will have lower volumes in CY 24.
I bought back in, as am prepared to take the risk over climatic conditions in 2024, not that there won't be difficulties along the way.
At this early stage for consideration of hectares planted and which crops, the rains must be giving growers optimism even though they of all people don't 'count chickens'.
GNC's P/E ratio is very low but 'Mr Market' looks forward, and doesn't like what he sees.
stayer, I did the calculation and came up with retained earnings...
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Last
$9.01 |
Change
-0.030(0.33%) |
Mkt cap ! $2.021B | |||
| Open | High | Low | Value | Volume |
| $9.00 | $9.09 | $8.97 | $2.381M | 264.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2694 | $8.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.02 | 331 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| GNC (ASX) Chart |