D2O 1.41% $1.40 duxton water limited

Ann: TWE Exercises Call Option to Acquire NSW Water Entitlements, page-3

  1. 798 Posts.
    lightbulb Created with Sketch. 129
    It was a poor deal weighted heavily to TWE.
    Giving them a call option with no break fee seems dumb to me.
    The only positive is that I expect it means TWE thinks water entitlements will be more expensive in the future.
 
watchlist Created with Sketch. Add D2O (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.