EG7: Valuable “Free-to-Play Add-On”

Research Update

2020-09-18

07:30

Redeye raises its valuation due to an expected value-adding acquisition. Despite we estimate a postponed Stock Catalyst in 2020 namely the release of the self-developed “EvilvEvil” we project higher than previously estimated revenues and profits thanks to the “Free-to-Play Add-On”. Updated version: Published around 12 Swedish time

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Tomas Otterbeck

Jonas Amnesten

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