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GrainCorp Ltd (GNC) $7.42

GNC rallied +2.5% on Thursday ahead of next week’s result – after tumbling almost 40%, some brave bargain hunters have finally surfaced into the broader Agricultural space with Elders (ELD) and Australian Ag (AAC) also seeing some renewed interest.

  • We can see GNC bouncing back towards $9 after an extremely tough 18-months, but it’s not on our shopping list.
GNC
MM is cautiously bullish on GNC
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GrainCorp Ltd (GNC)
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