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

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