Doesn't look too great. It's written like the verdict has already been made:
https://agw.org.au/assets/China-Anti-Dumping-Investigation/china-wine-CVD-application-english-translation-official-2sept2020-FINAL.pdf
Can somebody tell, based on the historical data, what would be the earnings impact of, let's say no exports to China for next 3-5 years?
If I got it right, TWE can most likely still sell the premium brands in other markets, but in lower volumes, and at lower profit margin. What could be the expected loss here? ~30%?
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What if China ban Australia Wine?, page-95
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Open | High | Low | Value | Volume |
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15 | 42594 | 7.610 |
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Price($) | Vol. | No. |
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7.640 | 17739 | 23 |
7.650 | 36682 | 17 |
7.660 | 54469 | 19 |
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