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Redeye is growing somewhat more confident in the case as OXE Marine sees continued good progress in the ramp-up of production through the second half of the year. Moreover, fixed costs are well contained and clearly lower than we expected in Q2. With a solid order book on hand, 2021 is the year when OXE Marine can really prove its case. We have made some positive revisions to our forecasts and valuation, but still think the market has already discounted most of the success at this point.
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