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
TWE - Chart, page-5
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Last
$11.57 |
Change
0.040(0.35%) |
Mkt cap ! $9.388B | |||
| Open | High | Low | Value | Volume |
| $11.66 | $11.71 | $11.52 | $30.51M | 2.626M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 25541 | $11.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.57 | 13782 | 2 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
$11.60 |
Change
0.040 ( 0.47 %) |
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| Open | High | Low | Volume | ||
| $11.66 | $11.71 | $11.52 | 316663 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| TWE (ASX) Chart |