RegularASX, my view has not changed, ok I wasn't on the money last time but I am the first to admit I am not always right.
GNC have just finished their first quarter and the facts cannot be disputed:
1. Grain Receivals are massively down on 2000/2009.
2. Port Shipping Bookings are massively down on 2008/2009 and the competition has a massive increase in bookings.
3. The world Malt Market is in the toilet.
Is it possible that some woodduck company like Viterra, or even Viterra make a play for GNC, yes it is.
But based on fundamentals and their results for 2009/2010 they may even be back to a loss making company. the AGM is due soon I would expect their profit forecast to be significantly down on 2009.
RegularASX, my view has not changed, ok I wasn't on the money...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$7.59 |
Change
0.020(0.26%) |
Mkt cap ! $1.687B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.81 | $7.56 | $7.452M | 974.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.60 | 1850 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| GNC (ASX) Chart |