GNC 1.87% $9.26 graincorp limited

What Stops GNC Share Price reclaiming $8?

  1. 57 Posts.
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    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?
 
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