I have noticed that the Dalby Oil Refinery has gone under recently (or at least into administration). I am also aware that GNC was their biggest supplier of sorghum
Dalby used 15kmt per month so if GNC sold 70% of this that would be around $2m per month in exposure. Assumuing Dalby were only 30 days behind when the went into administration, GNC could be exposed to upto $4m to these guys. This of course assumes no bank guarantees etc were in place between GNC and Dalby
Just worth keeping an eye on this one.
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Last
$7.73 |
Change
-0.060(0.77%) |
Mkt cap ! $1.721B | |||
| Open | High | Low | Value | Volume |
| $7.82 | $7.85 | $7.71 | $725.4K | 93.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1258 | $7.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.73 | 3523 | 20 |
View Market Depth
| Last trade - 10.57am 23/06/2025 (20 minute delay) ? |
| GNC (ASX) Chart |