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Last edited 2 years ago
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#random notes
stale
Added 2 years 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