IRRAS Q1 - Satisfactory sales, increasing OPEX and pressing financing need
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2023-05-22 07:58:00
Redeye notes an increasing OPEX well above our expectations, with sales coming in lower than estimated and a pressed cash position that needs to be sorted quickly. We adjust our fair value range according to the latest share price developments (which impact our equity issue assumptions).
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/