Australian Vintage gives investors a sobering first taste of its full-year results

June 19 2023 - 3:00pm
COVID-19, bushfires, a red wine glut, and catastrophic flooding have caused trouble over the past three years for the Australian wine industry. Picture via Shutterstock
COVID-19, bushfires, a red wine glut, and catastrophic flooding have caused trouble over the past three years for the Australian wine industry. Picture via Shutterstock

Selling Australian Vintage (ASX code AVG) in March at 58c was a good idea. Selling earlier would have been even better.

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