Duxton Farms is an Australian listed entity providing investors with exposure to a diversified portfolio of high-quality, efficient, Australian farms

DBF NAV $2.51
Change   Fair Market NAV Per Share as at 31 December 2021

Duxton Farms Limited is an Australian listed entity (ASX: DBF) providing investors with exposure to a diversified portfolio of high-quality, efficient, Australian farms.

Timeline of Duxton Farms

DUXTON FARMS LTD Listed

February 2018

$21.1 million raised at IPO (at $1.50/share)



PROPERTY VALUATION

June 2018

$68.2 million of land, water and improvements



END OF FINANCIAL YEAR

June 2018

$73.7 million of Assets
$1.6989 NAV per share


IRRIGATION DEVELOPMENT

July 2018 (ongoing)

Duxton Farms has been executing the conversion of approximately 1,500ha of dryland cropping into irrigation over the next 2 years. This better secures production in dry conditions and allows capitalisation on higher prices which occur during droughts as supply is contrained.

ACQUISITION OF BOORALA (SA)

March 2019

1,980 hectares acquired
$15 million additional value to the Company


END OF FINANCIAL YEAR

June 2021

‘West Plains’ and ‘Lenborough’ properties settled for a total of $13.9m
Combined total land area of 3,506 hectare
(as at 11 June 2021)

COMPANY NAME CHANGE

December 2021

The company's name was changed from "Duxton Broadacre Farms" to "Duxton Farms".

CURRENT MONTH UPDATE

March 2022

The Company reported a Half Year net profit after tax of $816,000 (31 December 2021).

The NAVPS increased to $2.51 (31 December 2021).

ASX Announcements


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