Like you say Coles to Wesfarmers. An in trouble company, needing a big player to help out. If CCL was as amazing as half the people here think, they would be looking to do the aquiring. Presumably people think because W Buffett owns coke, then CCL in Australia who has the RIGHTS to produce coke and send money to USA is also a good buy. I say rubbish. I don't proclaim to be an expert on CCL, but the simple numbers don't add up so I'm not even going to waste my time looking deeper. cheers.
CCL Price at posting:
$9.67 Sentiment: ST Sell Disclosure: Not Held