International oilseeds market in crisis (especially for sunflower oil - GNC imports sunflowers from South America for its oilseeds plants, but it apparently isn't a major source of oil that GNC manufactures - and wheat supply similarly in a shortage.
GNC presumably will in time face extra costs as interest rates continue to rise, but this is outweighed by the big demand for wheat and canola and how so far at an early stage (touch wood) the east coast winter 2022 crops are largely (as Sir Les Patterson, Chairman of the Australian Cheese Board would say) 'lookin' good'.
Ann: Update - Notification of buy-back - GNC, page-3
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Last
$8.60 |
Change
-0.020(0.23%) |
Mkt cap ! $1.929B | |||
| Open | High | Low | Value | Volume |
| $8.66 | $8.66 | $8.53 | $2.368M | 275.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5834 | $8.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.60 | 897 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| GNC (ASX) Chart |