The AFR today, subsequently reported by NZ Herald - see https://www.nzherald.co.nz/business/...6KPUDMMLFSHLQ/, contained speculation that 100% of Villa Maria may be for sale and suggested it may be worth $A200m.

Presumably the TVV share price increase over the last couple of months is related to this process. Will be interesting to see what implications any sale has for TVV and it’s shareholders.