sunrice - the forgotten stock?

just found this stock while working through a list of agricultural stocks.
a few things caught my eye
- while the stock code here on hotcopper is SGL, the stock code on asx.com.au, comsec, selfwealth etc is SGLLV.
(idk why a 5 letter stock code is used either)
- there is near zero comment activity on this stock other than asx bot announcements.
- Admission to Official List on 5 Apr 2019 (stock code reused from a previous delisting in 2009)
- A Class Shares confer on their holders the right to vote at general meetings but no right to dividends
- B Class Shares are quoted on the ASX and confer on their holders the right to receive dividends
- B Class Shares do not have the right to vote at general meetings
- growers mentioned in the constitution (I'm not clear on the scope of rights assigned to growers)
- some value adding activities via post harvest processing, storage and marketing.
- acquisition of branded downstream products.
- directors acquire shares on 06/08 of each year, not linked to a rise in share price pre/post announcement to market.
- charts of rice commodity prices do not align with movements in the share price.
- there's a few significant spikes and dips in share price I haven't made sense of yet.

17/12/2020 2:06 pm AEDT SunRice 1H FY2021 Results Presentation 18
p3
- Consolidated Group Revenue $507M,
-7% (negative?) on previous corresponding period
– 1H FY2020- Net Profit after Tax (NPAT) $12.1M, On par (on previous corresponding period – 1H FY2020)
- The Australian Rice Pool Business was significantly affected during 1H FY2021 by the escalatingimpacts of drought, restricted water allocations and high water prices on paddy supply. Rice PoolBusiness was unable to absorb all of the overheads in the business in 1H FY2021 which impacted theoverall profitability of the Group
- despite above, SP rose 20% from 14/12/2020 to 15/01/2020. then fell to just above level of 14/12/2020 in Feb 2021.

16/12/2021 10:10 am AEDT Investor Presentation
- 1H FY2022 Results 19- $564.8M, Group revenue, up 11% on 1H FY2021.
- $36.9M, group EBITDA, up 32% on 1H FY2021. EBITDA — Earnings Before Interest, Taxes, Depreciation, and Amortization
- $16.7M, group NPAT, up 38% on 1H FY2021. Net Operating Profit After Tax (NOPAT)
p9
- • Improved water availability at lower prices resulted in a417,000-tonne crop in CY21, almost 10 times the size of theCY20 crop of only 45,000 tonnes
- rice buying prices nominated

CY20 : 45,000 paddy tonnes
CY19 : 54,000 paddy tonnes
CY21 : 417,000 paddy tonnes

https://markets.*.com/commodities/rice-price
rice commodity prices
- low 9.78 in Sept 2018, high $19.07 in August 2020.
july 2020 $11.39 up to 15.89 in March 2022.
https://tradingeconomics.com/commodity/rice
similar chart to markets.*.com above.

I'm not seeing a SP movement reflecting the huge increase in rice harvest volume difference between 2020 & 2021.

either this stock is due for a massive correction on the back of the increased volumes or the board have failed to materialise profits from the increased volume.

thoughts?