Just had a look at GNC, greater than 20% decline from the peak this year.
crops look to be well above average, international grain prices are volatile.
I think GNC requires a stable growth in profitability regardless of production or international grain prices. Extremely difficult yet not impossible.
combining a stable business with GNC makes sense. RIC is the obvious combination.
The way both companies are progressing RIC may do well to acquire GNC
Just had a look at GNC, greater than 20% decline from the peak...
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Last
$7.91 |
Change
0.050(0.64%) |
Mkt cap ! $1.758B | |||
| Open | High | Low | Value | Volume |
| $7.86 | $7.94 | $7.78 | $6.361M | 808.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2224 | $7.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.95 | 1246 | 2 |
View Market Depth
| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| GNC (ASX) Chart |