Ann: Change of Director's Interest Notice - Nicki Anderson, page-3

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Portsmouth

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14/12/22

18:02

Post #: 65313526
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Originally posted by Hopeful9: ↑

Given this Director was appointed in October 2021, good to see that she's purchased A$25000 in GNC shares at A$8.03.

Hopefully with her decades of corporate experience, she knows 'value' when she sees it.

Ideally, Directors should have an amount in shares equal to a year's fees within say three years of their appointment. This helps to ensure their financial objectives are aligned with the relevant listed entity.

Ms Anderson has a number of fingers in various pies, some of which are for-profit organisations and others non-profits.

I merely politely pose the question 'notwithstanding her undoubted experience in marketing, is this too much for one person?'

My expectation is that a Director for a company such as GNC who's also involved with subcommittees such as remuneration has sufficient time to thoroughly understand the company as a whole and particularly those areas where the Board and Director perceive that he or she can add value.

In the wider coastal urban communities where 85 per cent of Australians reside, GNC's vital role as a handler would be very poorly understood. Some consumers who shop at WOW/COL/MTS' IGAs wouldn't even know whether any wheat comes from Australian growers, hard as that ignorance is to comprehend.

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Hi @Hopeful9

the way i see it, and given the good harvests have at least to years to run, Ms Anderson can see that GNC are seriously undervalued.

and also can see the other irons in the fire.

GNC Price at posting: $7.83 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $7.42		Change 0.035(0.47%)		Mkt cap ! $1.648B

Open	High	Low	Value	Volume
$7.39	$7.43	$7.37	$701.4K	94.82K

Buyers (Bids)

No.	Vol.	Price($)
16	1843	$7.41

Sellers (Offers)

Price($)	Vol.	No.
$7.42	2190	12

View Market Depth

No.	Vol.	Price($)
7	457	7.400
13	4329	7.390
18	17579	7.380
14	19288	7.370
12	4880	7.360

Price($)	Vol.	No.
7.410	1040	12
7.420	4514	13
7.430	9350	15
7.440	19908	14
7.450	7314	10

Last trade - 11.10am 22/07/2025 (20 minute delay)

GNC (ASX) Chart

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