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Duxton Farms Limited ( (AU:DBF) ) has shared an update.
Duxton Farms Limited has completed the divestment of its Kentucky property, comprising 6,020 hectares of arable land and water resources, for $38 million. The proceeds will be used to reduce bank debt, and the board is considering distributing funds to shareholders and investing in new opportunities.
More about Duxton Farms Limited
Duxton Farms Limited operates in the agricultural industry, focusing on arable cropping and water resources management. The company is involved in both direct and equity investments to enhance its strategic market position.
YTD Price Performance: -8.21%
Average Trading Volume: 93,455
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$55.56M
For detailed information about DBF stock, go to TipRanks’ Stock Analysis page.