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OXE Marine: De-Risking the Case

2020-10-05

11:39

OV

HA

Oskar Vilhelmsson

Henrik Alveskog

Redeye remains cautiously optimistic to OXE Marine following the directed share issue of SEK 66m. The capital raise decreases the near-term risk in the case, allowing management to focus on scaling up production and sales. Friday’s news does not affect our current base case valuation or our forecasts at this point.

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