GNC 0.00% $4.24 graincorp limited

earniongs to skyrocket

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    Westpac are saying that grain production for winter o7 will exceed 26m tonnes which is over the previous record of 21 (?) tonnes. GNC ebitda in the last good year (ie 21m tonnes) was around 110m and given that there is huge operational leverage you would suspect ebitda this year of over 15om which is price/ebitda of less than 5. Almost nickel miner levels
 
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