Rear Window
Bell Potter's Richard Coppleson angles for Afterpay block trade
Joe AstonColumnistWhile the work of California's Glaucus Research – and its kind – is characterised by its targets as "an attack by a foreign activist short seller", the "opinionated and highly entertaining" (according to itself) newsletter of Bell Potter's Richard Coppleson is nothing less than "Australia's most loved sharemarket report" (also a self-description).
And while the 67-page short thesis lobbed by Blue Sky's predator was indignantly dismissed based on its (self-evident) disclosure that "we will make money if the price of Blue Sky stock declines", The Coppo Report makes no disclosure in its latest missive – a saccharine ode to Afterpay Touch Group – that Bell Potter and its staff will make a killing if they score the mandate to move its founders' shares when they come out of escrow on May 8. Which is clearly what Bells is angling for.
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