IMO this is a fantastic buying opp fpr Graincorp. Excellent rain events in Sthn NSW & Vic and excellent rains forecast in the next 2 weeks. Expectations of a 16mmt crop on the east coast are very realistic. Remember Graincorp only recevied 9.4mmt this year. Even if they only get 70% of this crop that is almost 2mmt up on this year. With largly fixed cost this should add approx $40m to their PBT for next year. IMO a great low risk buy at these levels
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Last
$7.79 |
Change
0.030(0.39%) |
Mkt cap ! $1.731B | |||
| Open | High | Low | Value | Volume |
| $7.78 | $7.81 | $7.71 | $10.86M | 1.397M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3940 | $7.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.79 | 21209 | 3 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| GNC (ASX) Chart |