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Onsdag 28 Oktober | 18:10:38 Europe / Stockholm

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OXE Marine - Making Progress

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OXE Marine - Making Progress

2020-09-09 08:00:00

Redeye takes a rather cautious stance on OXE Marine following the recent share price rally. The Q2 report was overall in-line, leaving our projections largely unchanged. We recognize the operational progress made, partly by relocating its production facilities but also by signing a collaboration with Parsun and the first commercial USCG-deal. Anyhow, we believe the market has discounted a little too much at this point, and remain conservative, awaiting further commitments by USCG and Parsun.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/