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Duxton Water Limited (ASX:D2O)

ALERT: Price-sensitive ASX Announcement for D2O
Current share price for D2O : $1.530 0.005 (0.33%)+
Announcement
Release
31 Jul 2025 6:32PM
Price at Release
$1.525
Full Release
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Summary
This document is the Quarterly Activities Report and Appendix 4C Cash Flow Report for Duxton Water Limited (ASX: D2O) covering the period of 1 January 2023 to 31 March 2023. The report provides an overview of the company’s operations and financial performance for the quarter, highlighting key activities including water entitlement trading, leasing activities, water portfolio management, and cash flow details. The report discusses the impact of seasonal conditions, customer activity, and water trading market dynamics on the business. Significant financial movements, such as receipts from customers, payments to suppliers, and financing activities, are detailed. The report also addresses ongoing corporate governance, risk management, and compliance obligations, while outlining the company’s focus on managing water resources for agricultural clients and maintaining robust liquidity and funding positions.
Key Points
  • Duxton Water Limited released its Quarterly Activities and Appendix 4C Cash Flow Report for the period ending 31 March 2023.
  • The company focuses on managing and trading water entitlements and leasing arrangements to agricultural customers.
  • During the quarter, water market activity was influenced by favorable seasonal conditions and strong commodity prices.
  • Duxton Water engaged in both permanent and temporary water entitlement trades, with a noted increase in lease activity.
  • Receipts from customers for the quarter were reported at approximately $3.9 million.
  • Operating cash outflows totaled approximately $0.5 million.
  • The company held a diverse water portfolio across several catchments, primarily in the southern connected Murray-Darling Basin.
  • A strong balance sheet is maintained with sufficient liquidity and undrawn bank facilities to support future operations.
  • There were no material changes in business activities outside the ordinary course of operations.
  • The report includes statements on risk management, corporate governance, and compliance with regulatory obligations.
  • Duxton Water intends to continue providing water solutions to support the agricultural sector and optimize portfolio returns.
  • No payments were made to related parties other than usual director remuneration.
  • The company remains focused on disciplined capital management and intends to pursue further growth opportunities in line with its strategy.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.