At the end of the day the TWE business ex China is probably worth $8-$9. Which is close to my average buy in Excluding demerger shares from FGL.
The reason we hit $12 then all the way to $20 was China, then $20 was China growth story. This is now in jeopardy in the short to medium term. Add in locked down, ie no Chinese tourists, it’s doubly bad. I won’t be surprised to see a much bigger sell off on Tuesday. Albeit might be a good buying opportunity in what is now a fully priced share market.
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 (20min delay)
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Last
$8.00 |
Change
-0.070(0.87%) |
Mkt cap ! $6.491B | |||
| Open | High | Low | Value | Volume |
| $8.47 | $8.57 | $7.93 | $81.03M | 10.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $7.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.00 | 59118 | 2 |
View Market Depth
| Last trade - 16.16pm 24/06/2025 (20 minute delay) ? |
| TWE (ASX) Chart |