(this is why you NEVER).......listen to sell side analysts or dumb investors.
TWE was heavily criticised for having a US business. Analysts were hounding them ad nauseam.
Now, the US business is the saviour. TWE is allowed to export US wines into China. It is allowed to use Californian grapes in Penfolds USA and sell into China.
Not only is this geographic diversification turning out to be a masterstroke, it is actually also performing strongly locally in the USA (excl. the low end stuff).
$14 here we come!
This is why you NEVER...
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Last
$11.73 |
Change
-0.040(0.34%) |
Mkt cap ! $9.518B | |||
| Open | High | Low | Value | Volume |
| $11.85 | $11.85 | $11.69 | $13.81M | 1.176M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2420 | $11.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.73 | 4402 | 1 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| TWE (ASX) Chart |