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.
Ann: FY23 Investor Presentation, page-9
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Last
$8.35 |
Change
-0.060(0.71%) |
Mkt cap ! $1.873B | |||
| Open | High | Low | Value | Volume |
| $8.28 | $8.43 | $8.27 | $5.646M | 674.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 22130 | $8.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.39 | 1165 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$8.36 |
Change
-0.060 ( 0.68 %) |
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| Open | High | Low | Volume | ||
| $8.27 | $8.42 | $8.27 | 88401 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| GNC (ASX) Chart |