InvestSMART

The article you are trying to access does not exist, however, here are some articles you may be interested in.

Duxton Farms Ltd (ASX:DBF)

ALERT: Price-sensitive ASX Announcement for DBF
Current share price for DBF : $0.410 -0.43 (-51.19%)+
Announcement
Release
30 Jan 2026 4:59PM
Price at Release
$0.840
Full Release
download
Summary
Duxton Farms Ltd reported a net operating cash flow deficit of $9.2 million for the quarter ending 31 December 2025. The deficit is primarily attributed to costs associated with crop harvests, vine preparation, and further development of farm assets in Northern Australia. The company successfully internalized corporate functions previously managed by Duxton Capital. During the quarter, Duxton Farms completed the merger with four other agricultural businesses, paying $63.7 million for the merger, $54.5 million of which was in shares. The company also refinanced its debt facilities, drawing $66.0 million and repaying $59.3 million. They expect the current level of net operating cash flows to continue. Additionally, Duxton Farms plans to raise funds by selling properties valued at $65.6 million, with settlement expected within 2026.
Key Points
  • Net operating cash flow deficit of $9.2 million for the quarter.
  • Costs related to crop harvests and vine preparation contributed to the deficit.
  • Internalization of corporate functions formerly managed by Duxton Capital.
  • Merger with four agricultural businesses for $63.7 million.
  • Refinanced debt facilities, drawing $66.0 million and repaying $59.3 million.
  • Expected continuity of current net operating cash flow levels.
  • Plan to raise funds by selling properties worth $65.6 million.
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.