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What investors want that GrainCorp doesn’t want to give

After another bumper crop chief executive Robert Spurway has a war chest and plans to explore biofuels, while keeping investors onside.

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“Outstanding result” gets bandied around a lot on results day.

It is either outstanding result, strong result, positive momentum, executing on our plan, or sorry/see you later. Chief executive officers have few options, and fund managers are paid to look straight through it.

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    Original URL: https://www.afr.com/chanticleer/graincorp-does-the-capital-allocation-dance-again-20231116-p5ekfm