I think the worry is more it gets turned into a national pride to not buy Australian products which I can see happening if this continue to escalate...I think China put the bait and Scott just took it and I am going to say the lasted Twitter story will be in Chinese news for a while.
A symbol can be easily replaced by another if penfold is away from the Chinese market long enough.... all it really takes is some clever marketing guys from a French brand
What is TWE Worth Ex-China?, page-195
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Last
$12.03 |
Change
0.070(0.59%) |
Mkt cap ! $9.720B | |||
| Open | High | Low | Value | Volume |
| $11.88 | $12.07 | $11.82 | $5.536M | 461.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 6918 | $12.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.04 | 4746 | 25 |
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| Last trade - 13.08pm 10/07/2024 (20 minute delay) ? |
| TWE (ASX) Chart |