You’re comparing no name bulk wine against penfolds and TWE that has some of the best margins in the business. Ok.
If China stopped buying the top end of TWE’s wines then that would be relevant but they’re not. TWE also OWN and MANAGE their distribution which is a huge cost and marketing benefit. I could go on. I think current prices will be seen as a bargain in a year or so
You’re comparing no name bulk wine against penfolds and TWE that...
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Last
$8.14 |
Change
0.100(1.24%) |
Mkt cap ! $6.605B | |||
| Open | High | Low | Value | Volume |
| $8.08 | $8.15 | $8.03 | $43.93M | 5.422M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 119871 | $8.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.14 | 134077 | 4 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| TWE (ASX) Chart |