TWE 1.46% $12.55 treasury wine estates limited

I recently bought in because of twe stated policy to move from...

  1. 3,376 Posts.
    lightbulb Created with Sketch. 43
    I recently bought in because of twe stated policy to move from volume oriented business to a brand business.
    ..and the entery price looked right. Good, and then this USA mess. Brands are there to only make money but also to protect margins.
    Obviously, management and their consultants got it wrong. It shows us how important the ability of management is to adapt to a new reality. Sold out on Monday, had a bad feeling regarding China. Will wait for sub $10 to re-entry. Or earlier if they get the brand story right.
    cheers and good luck
 
watchlist Created with Sketch. Add TWE (ASX) to my watchlist
(20min delay)
Last
$12.55
Change
0.180(1.46%)
Mkt cap ! $10.18B
Open High Low Value Volume
$12.39 $12.57 $12.36 $32.96M 2.631M

Buyers (Bids)

No. Vol. Price($)
2 8641 $12.55
 

Sellers (Offers)

Price($) Vol. No.
$12.56 17916 5
View Market Depth
Last trade - 16.10pm 23/07/2024 (20 minute delay) ?
TWE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.