I do have a concern too many of us expecting China to be the magic bullet and out the SP back to $13-$14. But will it? Chinese wine consumption down significantly.
Will see. I’m very keen to see results and the impacts on the mid to low range wines. Do we cop write down? My usual wineries seem to be constantly calling me for specials and bulk buys. When I spent a few thousand the other day at a higher end winery they also just threw in a few extra bottles after just for saying thanks. The 2 years worth of red wine mantra does ring true to me on this.
Again, I own this stock and think it’s cheap. But short term I don’t expect a magical uplift.
I do have a concern too many of us expecting China to be the...
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Last
$11.62 |
Change
0.110(0.96%) |
Mkt cap ! $9.428B | |||
| Open | High | Low | Value | Volume |
| $11.53 | $11.73 | $11.52 | $33.31M | 2.866M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 262 | $11.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.63 | 5793 | 2 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
$11.65 |
Change
0.110 ( 0.86 %) |
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| Open | High | Low | Volume | ||
| $11.56 | $11.73 | $11.53 | 508112 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| TWE (ASX) Chart |