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#Half Yearly Report and Account
stale
Added 7 months ago

Duxton Water reported a net profit after tax of $2.8 million (half-year ended 30 June 2022: $4.4 million) for the half-year ended 30 June 2023. Despite the wettest conditions in 60 years, which resulted in extremely low water allocation prices, the Company’s leasing revenue and realisation of capital gains from rebalancing its permanent portfolio contributed to this positive result.

DUXTON WATER LIMITED (ASX:D2O) - Ann: Half Yearly Report and Accounts, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

****The Fair Market Value is not in accordance with the recognition and measurement requirements of the Australian Accounting Standards in relation to the accounting treatment of water assets (intangible assets). Therefore, increases in the Fair Market Value of water assets are not reported in the statutory accounts. 

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Liquidity TWE freed up its Assets.

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Return (inc div)   1yr: 0.38%   3yr: 10.51% pa   5yr: 7.80% pa

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Expected dry season into 2024, so will see how this pans out!

More about D20:

D2O | Duxton Water

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and more

Water Market Outlook – April 2023 - DAFF (agriculture.gov.au)

d19f38b9464f9692bc156fd6a45f3666551041.pngf3feabacba262b7db718970f934937f48c5a32.pngPermanent Entitlement – Live Auction (waterexchange.com.au)

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#Monthly Update - July 2023
stale
Last edited 8 months ago

During July, the Company continued to monitor market conditions as entitlement values softened. Entitlement values across the southern Murray Darling Basin (“sMDB”) decreased by 3.8% on average in July 2023.

Many Australian farming businesses are currently dealing with challenging economic conditions (higher interest rates, higher input costs, and in some cases, lower commodity prices).

This has resulted in irrigators selling water entitlements on the market to generate cash to prepare for the upcoming farming season.

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Return (inc div)   1yr: -3.66%   3yr: 7.97% pa   5yr: 8.44% pa

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#Becoming a substantial holder
stale
Added 8 months ago

Regal Funds Management Pty Ltd and its associates. Votes: 10,936,353 Voting power: *7.18% 

DUXTON WATER LIMITED (ASX:D2O) - Ann: Becoming a substantial holder, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

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Filling up 'water tanks'

Duxton has recently had some distributions. So has impacted the $shares.

Had some announcements re. renounceable. share offer.ect.

3 July 2023 Bonus Issue of Options to Shareholders • 1:4 Bonus Issue of Options to all Eligible shareholders (at no cost). • $1.92 share strike price with an expiry date of 10 May 2025. • Bonus Option proposed to be quoted and tradable on the ASX under code (ASX:D2OO). • Funds to be used to expand the Company’s portfolio of water entitlements or reduce debt.

Return (inc div)   1yr: -6.77%   3yr: 6.92% pa   5yr: 6.84% pa

from here $1.50 to $1.80 may return 20%

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#random notes
stale
Added one year ago

In the business of owning and then leasing water entitlements to agriculture.


Has about 280mil in assets 


With about 127million in liabilities


Gives us about 150mil net assets 


Shares on issue is 119 million


Pay out ~4million per half



?how much do the values of the underlying assets change over time?

Essentially a bond proxy / maybe decent value if good at valuing Australian water rights

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