I wonder if someone can explain the deal logistics to me.
The Company states it will receive 4.5% yield on the purchased value of the water.
Elsewhere it states it will add 1.4 million in lease revenue, but 1.4 million of 39.1 million is 3.6% on my calculator.
It's a very long term lease at these what appear to be low yields: if inflation continues up and interest rates as well, it's a relatively fixed low yield bond.
Finally they are raising 44 million, so the overall return to the company is much less than the 4.5/3.6%
I hope they aren't buying the vineyards themselves in another Duxton fund because this would seem a pretty sweetheart deal to whoever buys the TWE estates.
But... I know very little and happy to be corrected
- Forums
- ASX - By Stock
- Ann: D2O Acquires $39 million of Water Entitlements
I wonder if someone can explain the deal logistics to me.The...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add D2O (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.34 |
Change
0.020(1.52%) |
Mkt cap ! $207.7M |
Open | High | Low | Value | Volume |
$1.33 | $1.34 | $1.33 | $55.8K | 41.83K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 102 | $1.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.35 | 5083 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 102 | 1.335 |
2 | 5086 | 1.330 |
1 | 3928 | 1.325 |
2 | 11303 | 1.320 |
1 | 2281 | 1.315 |
Price($) | Vol. | No. |
---|---|---|
1.345 | 5083 | 2 |
1.350 | 47889 | 1 |
1.355 | 10887 | 1 |
1.360 | 10722 | 2 |
1.370 | 646 | 2 |
Last trade - 11.56am 13/09/2024 (20 minute delay) ? |
Featured News
D2O (ASX) Chart |