Some thoughts on CWT - would appreciate comments from anyone following this stock
Seems some pressure is coming off wine/vineyards with improving prospects in the wine markets (reduced grape harvest volumes this year & economic recovery in main export markets).
However CWT seems distressed if their unit price is anything to go by!
A capital raising very likely ...?
When units go "ex-distribution" at the end of this month another 1c fall in price likely.
An opportunity to get in for a long-term recovery in both price and distribution perhaps ....
cwt unit price falls
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