TWE treasury wine estates limited

What is daily chart saying? nice 3 heads, head-1 on 7/11/2014...

  1. HSP
    5,051 Posts.
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    What is daily chart saying?
    nice 3 heads,
    head-1 on 7/11/2014
    head-2 on 26/11/2014
    head-3 on 8/12/2014

    worked out TP=approx $4
    probably going to test $4 again

    29 September 2014 ASX ANNOUNCEMENT
    TWE announces termination of due diligence and potential
    transaction discussions

    SP never closed above $5 since 29 September 2014.
    the market did not expect any one would offer above $5.
    SP may be back to $3.50 if there would not be takeover news next year.
    ARI refused $0.75 offer, now SP=$0.16, it is much cheaper than $0.75 now, but no one came out to offer.

    (my view may be wrong, I added shorts and holding short positions)
 
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(20min delay)
Last
$7.64
Change
-0.010(0.13%)
Mkt cap ! $6.199B
Open High Low Value Volume
$7.66 $7.68 $7.58 $23.98M 3.147M

Buyers (Bids)

No. Vol. Price($)
1 68 $7.63
 

Sellers (Offers)

Price($) Vol. No.
$7.64 5036 1
View Market Depth
Last trade - 16.12pm 11/09/2025 (20 minute delay) ?
TWE (ASX) Chart
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