Great that you posted, so thank you, but GNC's release yesterday upgrading its expected full year net profit to above previous guidance suggests 2H 23 (from 1 April to 30 September 2023) will be very good.
If the revisions you're suggesting were 'material', GNC would have an obligation under ASX Listing Rules to announce to the ASX and hence to peasants like me.
So while no one doubts Nirvana can't continue in perpetuity because God always gives us challenges, how do you explain the optimism from GNC against your pessimism or what you might call realism?
Are you suggesting 2H 23 for GNC can be good/OK because all export grain shipments in these months will have been agreed to at previous higher contract prices?
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Ann: GrainCorp Investor Presentation 1H23, page-15
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$7.78 |
Change
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Mkt cap ! $1.729B |
Open | High | Low | Value | Volume |
$7.83 | $7.86 | $7.73 | $6.205M | 796.2K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 3114 | $7.76 |
Sellers (Offers)
Price($) | Vol. | No. |
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$7.82 | 2941 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 3114 | 7.760 |
9 | 23335 | 7.750 |
2 | 3308 | 7.740 |
1 | 3000 | 7.720 |
6 | 6901 | 7.700 |
Price($) | Vol. | No. |
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7.820 | 2941 | 2 |
7.830 | 6114 | 2 |
7.840 | 3114 | 1 |
7.850 | 5614 | 2 |
7.860 | 754 | 1 |
Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
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