June 7 (Reuters) - GrainCorp (GNC) , Australia's biggest listed bulk grain handler, said on Friday it has signed a 10-year deal with a unit of Aon PLC AON.N to reduce cash flow volatility linked to eastern Australian grain production, especially during droughts.
The deal will take effect from the 2019-20 financial year, and excluding certain production payments is likely to cost Graincorp less than A$10 million ($7.0 million) pre-tax per year.
($1 = 1.4333 Australian dollars)
News: GNC GrainCorp signs contract to reduce cash flow volatility related to harvest volumes
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Last
$7.57 |
Change
0.015(0.20%) |
Mkt cap ! $1.681B | |||
| Open | High | Low | Value | Volume |
| $7.59 | $7.60 | $7.55 | $1.211M | 160.0K |
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| No. | Vol. | Price($) |
|---|---|---|
| 29 | 5053 | $7.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.57 | 4858 | 20 |
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| Last trade - 11.59am 07/08/2025 (20 minute delay) ? |
| GNC (ASX) Chart |