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Duxton Farms Limited ( (AU:DBF) ) has issued an update.
Duxton Farms Ltd has announced the sale of its ‘Merriment’ property for AU$5.1 million to a private buyer, which includes significant water entitlements. This sale aligns with the company’s strategy to rotate capital from broadacre farms to higher-return opportunities, demonstrating a proactive approach to enhancing shareholder value.
More about Duxton Farms Limited
Duxton Farms Ltd operates in the agricultural industry, focusing on broadacre farming and managing water entitlements. The company is involved in strategic investments and capital rotation to enhance returns for its stakeholders.
Average Trading Volume: 81,460
Technical Sentiment Signal: Sell
Current Market Cap: A$90.52M
For an in-depth examination of DBF stock, go to TipRanks’ Overview page.