CWT
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0.00% 23.5¢ challenger wine trust

And another update just out from Oyster...

  1. morley
    1,540 Posts.
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    08/06/10
    08:29
    Post #: 6781449
    And another update just out from Oyster Bay:
    http://www.nzx.com/markets/NZAX/OBV/announcements/3785866/OBV-Market-update

    The following comments should be of concern to any CWT holders:

    Total revenue received was $8,305,000, a decrease of 28% on the previous year...

    and

    he Directors are of the view that given the supply imbalance affecting the sector any fair value write-down could be material. The company is awaiting a report from its valuers.
    CWT Price at posting: 26.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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