TWE treasury wine estates limited

It stands to reason that Australia banned Huawei from installing...

  1. 2,004 Posts.
    lightbulb Created with Sketch. 1080
    It stands to reason that Australia banned Huawei from installing our 5G - this was driven by Malcolm Turnbull and he deserves a lot of credit for this. It was simply a recognition that it was not in Australia's sovereign interest to let entities beholden to the Chinese Govt i.e. Huawei be in control of Australia's telecoms network. Had Huawei been allowed to install our 5G, the Chinese Govt could have shut our 5 G down if they wanted to by commanding Huawei to do the necessary, This is a huge sovereign security risk and it's not rocket science, it's Security 101. As Turnbull explained at the time, Australia should not surrender control of it's telecom network to any country since this is a national security issue. Of course the Chinese authorities didn't like it since they don't like pushback, they like compliance. Currently they are upset that Australia is thinking for itself on numerous issues (Morrison's call for Covid enquiry, pushback against Chinese buying of Aussie farms, co's etc) so they are punishing us by vetoing purchases our barley, crayfish, wine etc. Let's call a spade a spade, it is bully boy tactics pure and simple...the Chinese Govt way. Comply or you may just be sent to a prison farm far far away....
    Last edited by RoyE: 28/11/20
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$8.03
Change
0.100(1.26%)
Mkt cap ! $6.515B
Open High Low Value Volume
$7.96 $8.07 $7.95 $39.28M 4.897M

Buyers (Bids)

No. Vol. Price($)
1 84911 $8.03
 

Sellers (Offers)

Price($) Vol. No.
$8.05 24957 3
View Market Depth
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
TWE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.