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Jondetech: Lowering Valuation due to Dilution Risk - Redeye

Redeye comments on the Q4 report, which offered few surprises. However, the cash level is low which calls for a new share issue soon. Considering the share price of now, Redeye believes the share issuance will dilute the valuation somewhat. Redeye lowers its valuation.

Redeye comments on the Q4 report, which offered few surprises. However, the cash level is low which calls for a new share issue soon. Considering the share price of now, Redeye believes the share issuance will dilute the valuation somewhat. Redeye lowers its valuation.
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