D2O 0.72% $1.40 duxton water limited

I offloaded some D2OO options a while back as part of some...

  1. 447 Posts.
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    I offloaded some D2OO options a while back as part of some trading, but I kept a few on the off chance than D2O would be > $1.10 by 31/05/2018. The only real risks I see are management risk and climate risk. So far, the former seems to be quite low risk. The latter? Yeah, if there's a big ol' La Nina that floods the Murray-Darling Basin and pushes spot water prices down, there's a risk of some short term downside in the SP.

    In the long term, assuming permanent water entitlements remain stable or eventually reduce, I can't see any real significant risks capable of permanently destroying shareholder value.

    DYOR.
    Last edited by tone76: 12/04/18
 
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