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$1.47 duxton farms ltd

fully agree with your comments. DBF is not being run in any sort...

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Cocky5

1,226 Posts.

246

02/02/24

23:34

Post #: 72215950
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Originally posted by Gooch26: ↑

So they sell a property for $4.1m. They could use this to pay down debt (an overdraft at 7.22% or term at 7.5%), invest in existing properties, buy new properties, invest in PPE, invest in staff or even pay a dividend. But the single best use of capital the board decided upon is...to invest in yet another Duxton entity!?

An amount of $2,500,000 (at item 6.2) relates to the Company’s investment in
Duxton Dried Fruits Pty Ltd referred to aboveLast time it was Duxton Bees, now dried fruits. Another 'trust me mate, it's a great deal' type of investment?

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fully agree with your comments. DBF is not being run in any sort of professional way. Shareholders are just “milking cows”

DBF Price at posting: $1.45 Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last $1.47		Change 0.000(0.00%)		Mkt cap ! $61.31M

Open	High	Low	Value	Volume
$1.49	$1.51	$1.47	$83.99K	56.91K

Buyers (Bids)

No.	Vol.	Price($)
1	4325	$1.47

Sellers (Offers)

Price($)	Vol.	No.
$1.50	2425	1

View Market Depth

No.	Vol.	Price($)
1	4325	1.470
1	2871	1.390
1	781	1.280
1	834	1.200
1	1106	0.905

Price($)	Vol.	No.
1.500	2425	1
1.595	250	1
1.620	329	1
1.700	534	1
1.780	11500	1

Last trade - 15.41pm 13/06/2024 (20 minute delay)


Last $1.48			Change 0.000 ( 0.34 %)
Open	High		Low	Volume
$1.48	$1.48		$1.48	45
Last updated 15.41pm 13/06/2024 ?

DBF (ASX) Chart