Precise Biometrics: share issue and weak sales in Q3
Research Update
2006-10-23
13:25
Precise Biometrics Q3 report was somewhat weak. Both sales and EBIT came in lower than expected. In addition, the Company announced a major share issue of SEK 85m. After a 40% share price drop in the last month, the valuation on Precise Biometrics is now rather fair.
R
Redeyes
Disclosures and disclaimers