{
  "docId": "019dd923-622c-750b-8b98-eaae8b08698d",
  "docSlug": "c665ec3b53b5",
  "documentTitle": "Amcor plc (pro forma Amcor-Berry Global combination) (AMCR)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-03-10 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 5,
  "pageCount": 95,
  "prevPage": 4,
  "nextPage": 6,
  "slideType": "table_of_contents",
  "function": "front_matter",
  "density": "sparse",
  "nDataPoints": 0,
  "notes": null,
  "elementsJson": [
    "numbered_list"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b98-eaae8b08698d/5",
  "deckHref": "/decks/019dd923-622c-750b-8b98-eaae8b08698d",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b98-eaae8b08698d.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-eaae8b08698d#slide-5",
  "components": [
    {
      "bbox": {
        "h": 0.517,
        "w": 0.964,
        "x": 0.018,
        "y": 0.247
      },
      "kind": "list",
      "text": "1. Executive Summary\n2. Evidence of Growing Business Challenges In Core Markets\n3. Evidence Of A Liquidity Crunch\n4. Investing In A Merger Based On Cost Synergies Isn't A Great Thesis\n5. Capex Shortfall And Organic Growth Linked And Point To Substantial Slow Down\n6. Free Cash Flow Overstatement And Looming Leverage Problems\n7. Poor Corporate Governance And Insider Misalignment With Shareholders\n8. Valuation And Downside Risk",
      "attrs": null,
      "subkind": "numbered",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2c4e2b16-69e0-4281-a005-8aad982ac71e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.28,
        "x": 0.307,
        "y": 0.055
      },
      "kind": "title",
      "text": "Table of Contents",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1a61bb16-d864-457f-a0d3-d37ff8bde1eb",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 5,
      "from": 1,
      "beatId": "c251c54b-69cb-466a-aa5c-4d5b12954093",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Problem Identification",
      "beatSlug": "problem-agitate-solution-problem-identify-pain",
      "evidence": "The deck begins by highlighting Amcor's financial reporting concerns and operational challenges.",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}