This article from Time Boreham at Criterion might help:
It looks like the market was expecting El Nino, a hot and dry summer but we got La Nina, cold and wet conditions.
There is still a long term permanent water market but looks like the market wants out while its wet to look for other opportunities!
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 (20min delay)
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Last
$1.53 |
Change
0.005(0.33%) |
Mkt cap ! $238.8M | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.54 | $1.52 | $256.8K | 168.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 69371 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 6575 | 1 |
View Market Depth
| Last trade - 14.52pm 31/07/2025 (20 minute delay) ? |
| D2O (ASX) Chart |