Great discussion folks
Given the prevailing pessimism about conditions, I was surprised that the forecast crop still results in a GNC
payment under the insurance scheme. With the benefit of hindsight the insurance is starting to look like a terrible decision.
Results largely as expected was hoping for slightly higher cash build. Anyone else think the buy back is the wrong decision? I would rather they maintain a higher payout ratio and look to reinvest in the business. I agree with Stayer the acquisition looks like a prudent decision.
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Last
$7.52 |
Change
-0.060(0.79%) |
Mkt cap ! $1.669B | |||
| Open | High | Low | Value | Volume |
| $7.50 | $7.55 | $7.47 | $781.6K | 104.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 5226 | $7.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.52 | 3379 | 31 |
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| Last trade - 12.25pm 01/08/2025 (20 minute delay) ? |
| GNC (ASX) Chart |