I don't think it to be overly relevant of the perceived performance of the business. Well at least not based on some 'inside edge' that Vitol may be thought to have.
Rather, I would see it as a strategic decision for Vitol and their own preferences for minority stakes.
The downside for VEA is that the structure of their register has been a bit blown apart and will take a bit of time to settle as those ~240m shares find a new natural home. We are seeing the outworking of this at the moment, with elevated volume and the price gyrating around the $2.87 block level.
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Last
$3.48 |
Change
0.040(1.16%) |
Mkt cap ! $5.549B |
Open | High | Low | Value | Volume |
$3.49 | $3.49 | $3.44 | $30.33M | 8.739M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 77309 | $3.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.48 | 748640 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4572 | 3.460 |
1 | 4572 | 3.450 |
1 | 4572 | 3.440 |
2 | 5072 | 3.430 |
1 | 4558 | 3.420 |
Price($) | Vol. | No. |
---|---|---|
3.490 | 4572 | 1 |
3.500 | 5282 | 2 |
3.510 | 4572 | 1 |
3.520 | 26607 | 4 |
3.530 | 8178 | 3 |
Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$3.47 |
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Change
0.040 ( 0.84 %) |
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Open | High | Low | Volume | ||
$3.48 | $3.48 | $3.44 | 5633413 | ||
Last updated 15.59pm 31/05/2024 ? |
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VEA (ASX) Chart |