This is good news for D2O no drastic measures recommended. Creating a single regulator and making trading more transparent and easy to access should be a winner for all parties.
"Dismantling existing water markets would mean the benefits that markets provide to many water users would be lost, and this would be to the detriment of the Australian economy. It would also significantly diminish the value of water entitlements, which make up a substantial proportion of the assets owned by irrigation farmers. "
The preliminary report should come as an opportunity for some looking at D2O now that significant risk has been reduced we should be able to get back closer to our NAV price $1.76
D2O Price at posting:
$1.39 Sentiment: Buy Disclosure: Held
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