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
$8.21
Change
0.070(0.86%)
Mkt cap ! $6.661B
Open High Low Value Volume
$8.14 $8.37 $8.12 $126.8M 15.34M

Buyers (Bids)

No. Vol. Price($)
3 28715 $8.20
 

Sellers (Offers)

Price($) Vol. No.
$8.21 521033 4
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
TWE (ASX) Chart
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