Scandinavian ChemoTech: Another order warrants a slight positive valuation change
Research Note
2024-05-27
09:41
Redeye provides a short note following another order announcement from Scandinavian ChemoTech earlier this morning. The order amounts to EUR48,000 and comes from a German equine clinic. We had initally planned to await the outcome of the ongoing rights issue before making any valuation changes, but given the recent news flow we believe that a slight increase in fair value range is warranted.
MW
FE
Martin Wahlström
Filip Einarsson
Disclosures and disclaimers