Contrarian Corpus
Muddy Waters vs. Bolloré SA

Bolloré SA · BOL FP

1 deck published between 2015-02-17 and 2015-02-17 — 26 pages, 26 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2015-02-17 initial thesis

    2015 02 MW_Bollore_02172015

    26pp · research_note

    Bolloré's Breton-Pulleys circular ownership masks that public float is 42.8% not 24.3%; at €4.37 shares trade at 41% of €10.63 NAV — 95% upside to €8.50.