Not sure where you get the $1.60 figure from? The offer is one share for every 9.45 shares held, for the price of $10.80 per share.
you have to hand it to management, they're raising a lot of capital while there's interest being generated in the China talks.
Given the forward weather forecasts it looks as if their production will be dropping quite a bit for the foreseeable future.
https://www.news.com.au/travel/travel-ideas/food-drink/extreme-weather-conditions-impact-global-wine-production/news-story/ceaff0dcc3572ae71d5292c78f79a9df?amp
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TWE
treasury wine estates limited
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$7.95

Not sure where you get the $1.60 figure from? The offer is one...
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Last
$7.95 |
Change
-0.105(1.30%) |
Mkt cap ! $6.442B |
Open | High | Low | Value | Volume |
$7.98 | $7.99 | $7.92 | $5.952M | 748.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 22752 | $7.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.95 | 26143 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 67862 | 7.930 |
28 | 33894 | 7.920 |
22 | 35368 | 7.910 |
56 | 95408 | 7.900 |
12 | 36863 | 7.890 |
Price($) | Vol. | No. |
---|---|---|
7.940 | 14670 | 25 |
7.950 | 28790 | 21 |
7.960 | 8138 | 11 |
7.970 | 33619 | 14 |
7.980 | 38158 | 13 |
Last trade - 10.55am 16/06/2025 (20 minute delay) ? |
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TWE (ASX) Chart |