Redeye is impressed with how Dignitana continues to drive growth. The scalp cooling market in the US is transforming, and we believe there is more to come. This supports the long-term growth case in Dignitana. The development over quarters can vary, but the trend is positive. With the estimates adjustments, risk-free rate increase, and a dilution effect from the share issue, we adjust our fair value range to SEK 7 to SEK 24 per share and a Base case value of SEK 15 (18) per share.