This will be in print in 'The Australian' on Monday 29 April 2024:
"Hyperactive funds manager and investment firm HMC Capital has revealed its next potential corporate play and asset break-up, reporting late Friday night that it has bought a 5 per cent stake in embattled grains handler Graincorp which could now come under corporate attack.
A key jewel in the crown of the Graincorp business will be its valuable ports and terminals as well as a host of other assets that include its exposure to biofuels.
In a statement issued after the market had closed, HMC Capital, the $2.14bn investor led by veteran merchant banker David Di Pilla...
...It is believed that Mr Di Pilla and his investment team see plenty of latent value in the Graincorp business that is not yet full reflected in its share price, and which includes its portfolio of terminals and ports where grains are handled and exported. Graincorp also has an opportunity to branch into renewable energy through biofuels."
This will be in print in 'The Australian' on Monday 29 April...
Add GNC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.89 |
Change
0.090(1.15%) |
Mkt cap ! $1.770B | |||
| Open | High | Low | Value | Volume |
| $7.81 | $7.94 | $7.78 | $4.349M | 550.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3901 | $7.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.91 | 4697 | 3 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$7.90 |
Change
0.090 ( 1.42 %) |
||||
| Open | High | Low | Volume | ||
| $7.81 | $7.93 | $7.79 | 156179 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| GNC (ASX) Chart |