It is highly unlikely there will be alternative wine markets of comparable size, margins etc to China anytime soon. So a bet on TWE at its current price is essentially a bet on whether the same politicians who brought about the current ill feeling can also repair the situation in a short to medium time frame. All current and past indications are that they are not up to the challenge. Australian politicians have not adapted to new political and economic realities.
DYOR
It is highly unlikely there will be alternative wine markets of...
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Last
$12.25 |
Change
0.040(0.33%) |
Mkt cap ! $9.939B | |||
| Open | High | Low | Value | Volume |
| $12.32 | $12.34 | $12.23 | $22.44M | 1.828M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6668 | $12.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.28 | 7301 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| TWE (ASX) Chart |