Stocks Down Under 31 August 2020: Coca-Cola Amatil, Capricorn Metals, Auswide Bank

Coca-Cola Amatil: Put down the cola and step away from the stock

Coca-Cola Amatil prepares, distributes and sells the non-alcoholic Coca-Cola branded drinks and ready-to-drink alcoholic drinks throughout Australia, New Zealand, Indonesia, Papua New Guinea, Fiji and Samoa. Coca-Cola Amatil is headquartered in North Sydney. The company, like all partners, receives its exclusive selling designation from the main company, The Coca-Cola Company in Atalanta, Georgia, USA. However, the Coca-Cola business is significantly larger than the non-Coca- Cola alcohol and coffee business. With a high valuation we have to say, “put down the cola and step away from the stock”.

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