did you bother to read the commentary regarding sales to China post 30 June in the annual report presentation. That’s why we went to $13 on the back of it. TWE has crashed down to $9 because of the ‘China issue’ with a threat of banning or tariffs or whatever else they may do after a bs investigation.
if it amounts to nothing, and sales continue back on the same path, then this will be above $13 all day long. Hence I topped up last week in the low $9s. I’ll wait it out. Appears a substantial holder had the same views as me too, buying 1m shares everyday sub $10.
What if China ban Australia Wine?, page-78
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Last
$11.97 |
Change
0.910(8.23%) |
Mkt cap ! $9.712B | |||
| Open | High | Low | Value | Volume |
| $11.35 | $12.08 | $11.27 | $95.71M | 8.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23246 | $11.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.00 | 72 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| TWE (ASX) Chart |