Happy to hold this as a recovery play. Already had some nice returns due to last years share consolidation and dividends. Looks like VIVA will gain long term Federal Govt funding support for its refinery business as I believe there will only be x2 refineries left in Australia long term and it will be the largest. Not paying a dividend seems sensible in the circumstances. Sold out of my other oil stocks after the bounce in the oil price late last year. However, happy to keep this as a retail energy play with a vital strategy asset. I think the SP will gradually improve as the economy and refinery margins improve
News: VEA UPDATE 1-Australia's Viva Energy posts annual loss as pandemic hits demand, page-2
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Last
$2.62 |
Change
-0.040(1.50%) |
Mkt cap ! $4.178B | |||
| Open | High | Low | Value | Volume |
| $2.66 | $2.66 | $2.62 | $13.45M | 5.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 44132 | $2.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.63 | 15778 | 1 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| VEA (ASX) Chart |