That Mildura dust storm wasn't a good look. Looks like GNC might have had to sell those bulk liquid terminals.
I'm surprised about talk that Graincorp can use derivatives and earn less income through the cycle, due to the cost of the derivatives, suffer the vagaries of financial instrument reliance, and somehow it will be a magic pudding that is worth more to the market. And that was apparently part of a plan by an acquirers who's moniker started with "Long Term". I think some brains have been fried in the heat wave.
News: GNC Graincorp Says Grains Business Unit Experienced A Disruption To Grain Trading Conditions, page-6
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 (20min delay)
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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 |