Sales won't completely disappear in China, there will be those who will still purchase Penfolds for the status but yes that 30% of group earnings will be hit hard.
But you can't assume the business won't be looking at ways to
A. grow the other 70% AND
B. final alternative markets for the China 30%
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Last
$7.99 |
Change
-0.040(0.50%) |
Mkt cap ! $6.483B | |||
| Open | High | Low | Value | Volume |
| $8.00 | $8.07 | $7.93 | $10.40M | 1.302M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 4575 | $7.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.00 | 9901 | 25 |
View Market Depth
| Last trade - 11.14am 18/06/2025 (20 minute delay) ? |
| TWE (ASX) Chart |