Agree. Currently ~96% of total rental income comes from VEA. How VEA intends to manage the Coles Express business going foward is unknown.
The market is very positive from a VEA perpsective, however the fundamentals tell a different story. These statistics from Coles Fy22 presentation:
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 (20min delay)
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Last
$2.46 |
Change
-0.010(0.40%) |
Mkt cap ! $1.622B | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.49 | $2.46 | $4.723M | 1.914M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 35917 | $2.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.49 | 9197 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| WPR (ASX) Chart |