Here’s something from an absolute noob on the topic.
couldn't TWE just increase the price to cover costs associated with the tariff. The Chinese who buy penfolds aren’t your run of the mill type. There a lot richer than your average joe.
I also believe you’ll start seeing counterfeit penfolds popping up over in China as a result of this which could lead to a large lawsuit. It’s already been happening over the years and the tariff would justify someone capitalising on what’s happened?
not a holder but could be if this drops low enough on a short term issue.
Here’s something from an absolute noob on the topic.couldn't TWE...
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Last
$12.02 |
Change
0.060(0.50%) |
Mkt cap ! $9.720B | |||
| Open | High | Low | Value | Volume |
| $11.88 | $12.04 | $11.82 | $2.604M | 218.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1259 | $12.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.03 | 1494 | 15 |
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| Last trade - 11.18am 10/07/2024 (20 minute delay) ? |
| TWE (ASX) Chart |