GNC 0.55% $9.14 graincorp limited

What Stops GNC Share Price reclaiming $8?

  1. 57 Posts.
    lightbulb Created with Sketch. 10
    Prior to the Covid crash of Mar-Apr 2020, the GNC sp averaged about $8 for about 7 years. Now - despite higher global wheat prices + good harvest in Australia Vs problems elsewhere + liquidity injections of global central banks - the GNC sp struggles to lift clear of $5.50. What am I missing here? Can anyone point to a fundamental difference specific to GNC between - say 2016-2017 and today?
 
watchlist Created with Sketch. Add GNC (ASX) to my watchlist
(20min delay)
Last
$9.14
Change
0.050(0.55%)
Mkt cap ! $2.052B
Open High Low Value Volume
$9.16 $9.20 $9.10 $364.5K 39.86K

Buyers (Bids)

No. Vol. Price($)
12 1180 $9.13
 

Sellers (Offers)

Price($) Vol. No.
$9.14 425 6
View Market Depth
Last trade - 11.21am 07/10/2024 (20 minute delay) ?
GNC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.