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
$12.03 |
Change
0.040(0.33%) |
Mkt cap ! $9.826B | |||
| Open | High | Low | Value | Volume |
| $12.07 | $12.17 | $12.01 | $13.29M | 1.101M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2376 | $12.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.04 | 4848 | 20 |
View Market Depth
| Last trade - 13.41pm 18/06/2024 (20 minute delay) ? |
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Last
$12.04 |
Change
0.040 ( 0.32 %) |
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| Open | High | Low | Volume | ||
| $12.06 | $12.16 | $12.02 | 237435 | ||
| Last updated 14.00pm 18/06/2024 ? | |||||
| TWE (ASX) Chart |