I do agree with one thing you said. The HQ should probably be in...

I do agree with one thing you said. The HQ should probably be in South Australia given that’s the original home of Penfolds and much much cheaper. No need for a lavish Melbourne office. They can argue about ‘talent’ relocating all they want, however the amount their paid they live wherever the hell they are told. Would save millions in wages and administration costs being in South Australia.

This will all pass. I’ve bought some shares on the recent turmoil. China is where the growth is, Penfolds does that well. Ever been to the magill estate in SA? Buses of Chinese buying large quantities of high end wine. Must also add the restaurant is incredible too, albeit just a marketing gimmick of grange.