And another update just out from Oyster Bay:
http://www.nzx.com/markets/NZAX/OBV/announcements/3785866/OBV-Market-update
The following comments should be of concern to any CWT holders:
Total revenue received was $8,305,000, a decrease of 28% on the previous year...
and
he Directors are of the view that given the supply imbalance affecting the sector any fair value write-down could be material. The company is awaiting a report from its valuers.
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