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Duxton Water Boosts Portfolio Value by $22M Amidst Dry Murray-Darling Conditions
5:05pm on Friday 31st of January, 2025 AEDT
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Utilities
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Duxton Water Boosts Portfolio Value by $22M Amidst Dry Murray-Darling Conditions
5:05pm on Friday 31st of January, 2025 AEDT
Key Points
Portfolio value rises to $392 million with 91.5 GL water entitlements
Net asset value (NAV) at $1.54 per share post-dividend payout
Allocation prices increase due to warm, dry conditions and peak irrigation demand
37% of water entitlements leased with lease portfolio expanding
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