Yeah its getting suss. ANZ putting up more money though must mean they intend to steady the ship. Otherwise they would have surely pulled the pin by now, but I guess you never know which straw is going to break the camels back!
I brought in at 30c for a quick trade when it was getting a lot of bad press as Xan was going through the cleaners. Don't think I'd touch it know though, many other spec's out there (thats essentially what it is now) that have may better prospects. The assets are quality though and if they did go under, somebody may come into bail them out if they are bullish about the wine market. Some where suggesting tighter supply in a few years and this could turn it around again??
ETW Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
