At the end of the day the TWE business ex China is probably worth $8-$9. Which is close to my average buy in Excluding demerger shares from FGL.
The reason we hit $12 then all the way to $20 was China, then $20 was China growth story. This is now in jeopardy in the short to medium term. Add in locked down, ie no Chinese tourists, it’s doubly bad. I won’t be surprised to see a much bigger sell off on Tuesday. Albeit might be a good buying opportunity in what is now a fully priced share market.
Ann: Pause in Trading, page-210
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TWE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$11.01 |
Change
-0.470(4.09%) |
Mkt cap ! $8.933B | |||
| Open | High | Low | Value | Volume |
| $11.40 | $11.40 | $11.01 | $53.71M | 4.823M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8605 | $11.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.06 | 2040 | 2 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| TWE (ASX) Chart |