Who cares. the weak die and the strong survive. It is the capitalist way.
TWE find other markets or die. If you rely too heavily on trade with one country you run the risk especially when it is run by skittish despots like the CCP. managing risk TWE needs to diversify its customer base IMO.
In the meanwhile lets see the local price of top-shelf wine come down to rescue the company volume sales in this segment
What if China ban Australia Wine?, page-105
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Last
$12.13 |
Change
-0.260(2.10%) |
Mkt cap ! $9.911B | |||
| Open | High | Low | Value | Volume |
| $12.30 | $12.31 | $12.12 | $8.881M | 713.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 10422 | $12.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.13 | 2070 | 14 |
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| Last trade - 11.47am 19/07/2024 (20 minute delay) ? |
| TWE (ASX) Chart |