I would be wary of a huge infrastructure spend myself. Securing the labour and raw materials for an infrastructure expansion will be at inflated rates in the current economy. Certainly some spending to remove bottlenecks should be proceeded with but I would not go too hard on construction.
What I did like (besides this earnings upgrade) was the announcement on March 29 regarding the partnership and investment with the CSIRO into processing and market opportunities for alternative plant proteins. The storage and handling division is the Rolls Royce for earnings in bountiful seasons like we have seen, but some moves to diversify the company are welcome.
I would be wary of a huge infrastructure spend myself. Securing...
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Last
$7.81 |
Change
0.010(0.13%) |
Mkt cap ! $1.736B | |||
| Open | High | Low | Value | Volume |
| $7.89 | $7.89 | $7.78 | $966.6K | 123.6K |
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| No. | Vol. | Price($) |
|---|---|---|
| 18 | 6302 | $7.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 1214 | 11 |
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| Last trade - 11.33am 24/06/2025 (20 minute delay) ? |
| GNC (ASX) Chart |