This is an interesting point. With Penfolds a global top 3 wine brand, TWE can position and price all its other brands (subject to fruit quality) where it chooses lower in the marketplace and savage its competitors.
I regard this as a profound strategic advantage. It took a looooong time to sort through the brands - thereby developing useful skills in selling unwanted brands or profitably destroying them with lesser fruit.
My big regret is, I don't have enough at the old price. I looked and looked and looked at it, but didn't act. No sign of share price weakness now.
GLTAH
Ash
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This is an interesting point. With Penfolds a global top 3 wine...
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$11.15 |
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-0.060(0.54%) |
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
3 | 18927 | $11.15 |
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Price($) | Vol. | No. |
---|---|---|
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No. | Vol. | Price($) |
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1 | 50 | 11.130 |
1 | 999 | 11.060 |
1 | 4164 | 11.050 |
2 | 2500 | 11.020 |
Price($) | Vol. | No. |
---|---|---|
11.210 | 40 | 1 |
11.290 | 10000 | 2 |
11.300 | 1895 | 2 |
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