I disagree, I agree it changes nothing for the short term, but long term market still hoped/expected sales would return to China. The appearance of these knock-offs and the so-far lack of any apparent action from the Chinese Authorities implies we're gone from China for good. Seems like China won't be a market for us anymore.
The one plus side from this is that it seems the Chinese are so desperate for Penfolds that they'll fall for knock-offs and buy them since we've stopped exports there I assume, not sure that will change the governments will to put illegal tariffs though.
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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 |
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| Last trade - 16.16pm 24/06/2025 (20 minute delay) ? |
| TWE (ASX) Chart |