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IRRAS Q1: Satisfactory sales, increasing OPEX and pressing financing need - Redeye

Redeye notes an increasing OPEX well above our expectations, with sales coming in lower than estimated and a pressed cash position that needs to be sorted quickly. We adjust our fair value range according to the latest share price developments (which impact our equity issue assumptions).

Redeye notes an increasing OPEX well above our expectations, with sales coming in lower than estimated and a pressed cash position that needs to be sorted quickly. We adjust our fair value range according to the latest share price developments (which impact our equity issue assumptions).
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