TWE 0.18% $11.25 treasury wine estates limited

Ann: TWE Responds to MOFCOM Investigation Announcement, page-39

  1. 535 Posts.
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    Same thing happened to Bellamy's back in 2018. Bal was supposed to be the bigger company than A2M. Just that the trade relationship between Australia and China stuffed it up. You do expect this once the government bans Huawei. TWE will slide more before it bounces back. Is Penfold highly sought after? Yes but it won't be under the Chinese Government direction.

    I hope a speedy recovery for TWE
 
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