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
$12.57 |
Change
0.150(1.21%) |
Mkt cap ! $10.19B | |||
| Open | High | Low | Value | Volume |
| $12.49 | $12.62 | $12.39 | $21.54M | 1.717M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3096 | $12.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.58 | 13603 | 6 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| TWE (ASX) Chart |