So, the AFR headline writes: Penfolds owner Treasury Wines hunts for champagne acquisition It obviously makes sense on many different levels. However, from a tactical point of view, by chasing an acquisition in the Champagne space thereby competing against Champagne makers, this in turn accelerates the likelihood of TWE being acquired by a Champagne house.
We will see who buys who first.
Exciting times.
Who Will Be First?
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Last
$11.70 |
Change
0.110(0.95%) |
Mkt cap ! $9.493B | |||
| Open | High | Low | Value | Volume |
| $11.58 | $11.82 | $11.52 | $33.32M | 2.848M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1987 | $11.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.70 | 700 | 1 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| TWE (ASX) Chart |