D2O duxton water limited

Ann: Monthly Update - May 2018, page-2

  1. 818 Posts.
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    Assets reflect "fair market values" which in the ordinary course of events are normally considered independent, arms length transactions.

    However with 55% or more of the assets under long term leases, how can they be valued at "fair market values" if they are restricted by encumbered leases?

    I have contacted the company but it appears they are unwilling to disclose whether or not any allowance has been made.

    Concerning! Overly inflated values?

    Welcome thoughts.

    DYOR
 
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