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Coca-Cola Amatil share price falls

The share price of Coca-Cola Amatil Limited of Australia lost A$ 0.15 to A$ 3.65 on 26 April 2000.
Speculation is rife that there will be a big tranche of stock overhanging the price. Singapore“s F…

The share price of Coca-Cola Amatil Limited of Australia lost A$ 0.15 to A$ 3.65 on 26 April 2000. Speculation is rife that there will be a big tranche of stock overhanging the price. Singapore“s Fraser and Neave Limited is said to be considering selling its 5.6% stake in Coca-Cola to raise funds for an Internet venture. In early March 2000, the stock price plunged to A$ 3.20 from A$ 6.70 in mid-1999 after San Miguel Brewing Company withdrew the sale of its 21.5% stake.

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