My biggest concern is what would appear to be cartel-like behaviour, which may end up crowding out smaller growers during times of extreme drought. No matter how much Big Irrigation colludes to try and minimise their costs - along with the distortion of the market this brings - prices will still be pushed up as the stronger independent irrigators lease water from wherever they can. Which, oddly enough, would work in D2O's favour.
Water entitlements: Big irrigators gamble on good rain ( Weekly Times 14/6/2018), page-4
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Last
$1.44 |
Change
0.020(1.41%) |
Mkt cap ! $210.1M | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.45 | $1.42 | $43.61K | 30.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.44 | 10231 | 2 |
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| Last trade - 14.36pm 22/11/2024 (20 minute delay) ? |
| D2O (ASX) Chart |
