something just happened, page-4

The only thing that I can think of is large insto's switching out of LNN into CCL in order to gain exposure to beverage markets.

This is on the back on independent company stating that LNN deal is "fair" and that Kirin is likely to be able to acquire all the LNN shares.

Insto's could invest in FGL but there is much more uncertainty surrounding wine division (and earnings) compared to CCL who are expected to announce record 1H09 result.

Just a thought.