I think the big risk with this stock is that they sell the malt business instead of proceding with the demerger which would be a very bad outcome for shareholders. I just saw a headline in the Australian saying private equity is currently circling Graincorp’s malt business although I don’t have a subscription so I was unable to read the article.
GNC Demerger and M&A Potential, page-3
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Last
$8.64 |
Change
0.030(0.35%) |
Mkt cap ! $1.938B | |||
| Open | High | Low | Value | Volume |
| $8.68 | $8.69 | $8.60 | $2.660M | 307.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2445 | $8.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.64 | 3184 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| GNC (ASX) Chart |