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
$8.78 |
Change
0.080(0.92%) |
Mkt cap ! $1.969B | |||
| Open | High | Low | Value | Volume |
| $8.78 | $8.85 | $8.74 | $1.759M | 200.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3700 | $8.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.81 | 1745 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| GNC (ASX) Chart |