Business
Why the Vitalharvest (ASX:VTH) share price is up 21% in 2021
The Vitalharvest Freehold Trust (ASX: VTH) share price is shooting like a beanstalk in 2021. Since the first trading day of the year, shares in the real estate investment trust (REIT) have appreciated by 21.4%.
Presently, its shares are swapping hands for $1.19 each – up 0.42% on yesterday’s close. By comparison, the All Ordinaries Index (ASX: XAO) is up by around 4.7% in 2021 and 0.72% today.
Let’s take a closer look at what’s driving the Vitalharvest share price higher.
Tug-of-war pushes Vitalharvest share price higher
So, what’s affecting Vitalharvest shares? A bidding war for the company, that’s what. Back in November 2020, news…
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