Unemployed, university and low income all getting a budget tightening.
I think I will have to qualify my view that CCL domestic earnings had bottomed - this budget will certainly hit those sections of the Australian population with the highest % of their budget spent on soft drinks.
Its not going to prompt another free fall in the stock price But this has likely turned before domestic earnings started to lift from 6 months into 12.
IMO CCL goes from buy to hold. Better opportunities elsewhere in the stock market. But will still reward a very patient 2+ year investor.
\
DYOR
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Last
$3.81 |
Change
0.010(0.26%) |
Mkt cap ! $729.8M | |||
| Open | High | Low | Value | Volume |
| $3.84 | $3.86 | $3.80 | $295.3K | 77.21K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $3.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.87 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| CCL (ASX) Chart |