I think it is unlikely they can reverse the holdings - but in theory they could cap it.
However, keeping it in perspective....
An ASX-listed company that holds 75.1 million litres of water entitlements mostly across the southern Murray-Darling basin has denied allegations it is "hoarding water".
Duxton Water says it has less than one per cent of the water entitlements on issue in the regions it holds them, describing itself as a long-term investor in Australia's permanent water entitlement market.
https://www.sheppnews.com.au/finance/2019/09/10/800331/duxton-denies-it-is-hoarding-water
I think it is unlikely they can reverse the holdings - but in...
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Last
$1.46 |
Change
-0.020(1.35%) |
Mkt cap ! $223.8M | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.48 | $1.46 | $20.78K | 14.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 4 | 5243 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.46 | 727 | 1 |
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| Last trade - 15.32pm 02/05/2024 (20 minute delay) ? |
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Last
$1.46 |
Change
-0.020 ( 1.35 %) |
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| Open | High | Low | Volume | ||
| $1.48 | $1.48 | $1.46 | 7215 | ||
| Last updated 14.24pm 02/05/2024 ? | |||||
| D2O (ASX) Chart |