Breaking news is - looks like Coke may have fixed this with the...

Breaking news is - looks like Coke may have fixed this with the Monster deal.

Monster is to get all Coke's non carbonated beverages and Coke gets to distribute those plus Monster's portfolio of products - receiving income and value by virtue of a 16.67% ownership stake in Monster.

And the sweet thing for our local CCL is - according to my readthrough of US press reports p that they will get to distribute Monster but not have to pay for it - Coke itself is doing that.

Also worth noting i spoke to an employee at my local coles the other day - she said Coke still leaves pepsi for dead in the sales of both diet and regular coke. Coke have recently lightened off on the level of discounting they are doing - so I think CCL will be able to 'do a cochlear' and point to improving sales/margin in 2nd hald of year.

Alison Watkins is going to become tremendously wealthy and lauded for bringing success - for things that have absolutely nothing to do with her.

She must be thinking her lucky stars in private.

Tomorrow will prove very interesting for CCL.