I bought in yesterday as the stock looked totally oversold so got lucky with this profit forecast update.
The Chinese growth potential is massive with the number of chinese getting wealthier and all taking a liking to quality wine.
China can produce wine but the wealthy want quality wine.
I know of many International Chinese students in Sydney that visit wineries in their spare time just to find decent wine.
News: TWE Treasury Wine Estates Says 1H19 EBITS Will Be Above Consensus Of A$332 Mln, page-5
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Last
$8.03 |
Change
-0.050(0.62%) |
Mkt cap ! $6.515B | |||
| Open | High | Low | Value | Volume |
| $8.07 | $8.09 | $7.97 | $23.82M | 2.971M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4935 | $8.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.04 | 16754 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| TWE (ASX) Chart |