SHV 0.58% $3.45 select harvests limited

ABC on MD water....

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    ABC on MD water.

    https://www.abc.net.au/news/rural/2019-08-23/water-prices-in-the-southern-murray-darling-basin-skyrocket/11440978?section=business


    The value of SHV's permanent water rights skyrocketed. Cold comfort when the business really wants plentiful irrigation water.

    With a mix of permanent rights, rented rights and spot purchases, SHV is well placed to manage its position and access to water by making adjustments on the margin with strategic trades. It has the capital, expertise and knowledge to operate in this market with considerable success.

    This is a key intangible asset on the balance sheet and fiercely held in confidence. The only insights available to outsiders are balance sheet changes and net purchases in the cash-flow statement.

    Ash


 
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Last trade - 16.10pm 07/06/2024 (20 minute delay) ?
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