As a long term holder, this is disappointing but no un-expected.
You cannot trust this Chinese regime and a good business lesson to have diversified markets.
In the end of the day, it is still a premium product and they will just have to find other markets.
My only concern long term is not the debt, or dip in sales, it's Chinese trying to acquire the company through shareholder registry.
EDIT: When we cleaned out my grandparents house, we found grandpas 46 Grange. He got it as a gift of thanks for working on someones house (he was a sparky)
Point is, this brand had value before the Chinese, and will continue to have value.
I will continue to hold. If COVID has taught us anything, it is ok to live with a little less (and less growth in sales)
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TWE
treasury wine estates limited
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0.86%
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$8.21

As a long term holder, this is disappointing but no...
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Last
$8.21 |
Change
0.070(0.86%) |
Mkt cap ! $6.661B |
Open | High | Low | Value | Volume |
$8.14 | $8.37 | $8.12 | $126.8M | 15.34M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 28715 | $8.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.21 | 521033 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 800 | 8.200 |
1 | 52 | 8.190 |
4 | 5057 | 8.180 |
1 | 1225 | 8.160 |
1 | 25 | 8.150 |
Price($) | Vol. | No. |
---|---|---|
8.220 | 2157 | 1 |
8.250 | 20000 | 1 |
8.330 | 1200 | 1 |
8.340 | 400 | 1 |
8.370 | 314 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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TWE (ASX) Chart |