I don't see this as being any different to owning a commercial property that is leased out on a long term lease. The lease term isn't going to have an impact on the underlying value of the security. All it means is that should D2O wish to sell any water rights that are subject to a lease, the lease would transfer over to the purchaser.
Ultimately, the fair market value of water rights is how much someone is willing to pay for those rights at any given time. There are a number of market makers in this space, such as Ruralco Water and Waterfind; you can check their websites for current water pricing across the entire MDB.
Given that D2O has no intention of selling said water rights for the foreseeable future, I'm more than comfortable with D2O applying whatever the market says said rights are worth.
HTH. GLTAH.
I don't see this as being any different to owning a commercial...
Add D2O (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.42 |
Change
-0.045(3.07%) |
Mkt cap ! $210.1M | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.46 | $1.41 | $15.10K | 10.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10486 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 9983 | 1 |
View Market Depth
| Last trade - 16.10pm 21/11/2024 (20 minute delay) ? |
| D2O (ASX) Chart |
