Winemaking Tasmania have gone into administration. Premium operation, process 5% of the local crop. Not good. Especially considering the regions lofty reputation.
Winemaking Tasmania processes fruit for TWE, from their Tas operations.
The headwinds in this sector are strong.
Careful targeting of brands, and the strength of Penfolds is extremely useful.
IMHO TWE need to stop taking in so much fruit, sell down some stock, and use the bulk market better. This will naturally push costs down, lessen the drive to channel stuff, and free up cash.
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Last
$7.79 |
Change
-0.050(0.64%) |
Mkt cap ! $6.288B | |||
| Open | High | Low | Value | Volume |
| $7.86 | $7.89 | $7.62 | $51.99M | 6.739M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 828 | $7.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.80 | 29444 | 20 |
View Market Depth
| Last trade - 14.40pm 26/06/2025 (20 minute delay) ? |
| TWE (ASX) Chart |