I feel sorry for TWE shareholders and in my opinion, Scomo did poorly in playing the "Balance". We don't need to be friends with China to do business, we still buy oil from Saudi Arab despite they have totally different values from us and have done many terrible things, right? But why treat our biggest customer so bad? Learn from NZ, Germany, England, French, Japan and keep social distance with Trump the crazy because he is now out of the business, and Biden seems to be interested to rebuild the relationship with China to some extent, to contain the real threat -Russia, this would leave Australia in an awkward position.
I see TWE reached $8 that I mentioned before, but I'm not buying at this stage.
TWE Price at posting:
$8.59 Sentiment: None Disclosure: Not Held
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