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
$12.18 |
Change
0.045(0.37%) |
Mkt cap ! $9.883B | |||
| Open | High | Low | Value | Volume |
| $12.22 | $12.25 | $12.11 | $23.11M | 1.902M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 8280 | $12.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.18 | 5703 | 33 |
View Market Depth
| Last trade - 15.30pm 11/07/2024 (20 minute delay) ? |
| TWE (ASX) Chart |