So, the AFR headline writes: Penfolds owner Treasury Wines hunts for champagne acquisition It obviously makes sense on many different levels. However, from a tactical point of view, by chasing an acquisition in the Champagne space thereby competing against Champagne makers, this in turn accelerates the likelihood of TWE being acquired by a Champagne house.
We will see who buys who first.
Exciting times.
Who Will Be First?
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Last
$12.50 |
Change
-0.050(0.40%) |
Mkt cap ! $10.14B | |||
| Open | High | Low | Value | Volume |
| $12.46 | $12.54 | $12.38 | $37.33M | 2.990M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 355 | $12.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.51 | 21025 | 3 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| TWE (ASX) Chart |