Contrarian Corpus
Spruce Point Capital vs. Amcor plc

Amcor plc · AMCR

1 deck published between 2020-03-10 and 2020-03-10 — 95 pages, 95 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. 2020-03-10 initial thesis

    2020 03 64e7a2826f65f9001f73b95d_amcr_research_thesis_3 10 2020

    95pp · full_deck

    Amcor is a packaging roll-up masking 3-4% organic declines, obscured tobacco dependence, liquidity strain, and accounting red flags — including a CAO with a revoked CPA — with 40-60% downside to $3.60-$5.40.