Saniona: Reflections on the rights issue and interim report
Research Note
2019-05-31
08:08
We give our initial reflections to the share rights issue, announced Tuesday evening, and the Q1’19 interim report that was published Wednesday morning. In short, we believe the rights share was the right thing to do, although it always creates dilution effects and selling pressure. Accordingly, we have lowered our fair values, effective immediately.
AH
Anders Hedlund
Disclosures and disclaimers