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:
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.49 |
Change
0.030(1.22%) |
Mkt cap ! $1.645B | |||
| Open | High | Low | Value | Volume |
| $2.48 | $2.50 | $2.47 | $2.875M | 1.154M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 19446 | $2.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 19450 | 4 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| WPR (ASX) Chart |