Investors...
I have bought into GNC recently as a defensive play as the overall market is in a ''bear mode'' atm...
GNC is one stock where I can ''ride out'' an adverse market with a strong balance sheet implied and projected...
The demand for Australian wheat is in high demand now and in the future with favorable weather conditions in Australia, drought in certain other wheat-growing countries, and of course the situation in Ukraine.
Short-term Sp movement can be random and not reflective of the longer-term uptrend in Graincorp which should continue through these difficult times!
IMO...
Investors...I have bought into GNC recently as a defensive play...
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Last
$7.48 |
Change
-0.100(1.32%) |
Mkt cap ! $1.665B | |||
| Open | High | Low | Value | Volume |
| $7.50 | $7.55 | $7.47 | $556.8K | 74.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 3192 | $7.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.48 | 2058 | 22 |
View Market Depth
| Last trade - 11.25am 01/08/2025 (20 minute delay) ? |
| GNC (ASX) Chart |