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Redeye provides an update in relation to RLS’ Q2 2023 report. The report did not include any major surprises in our view, with low sales and OPEX similar to previous quarters; however, the information provided by the company is still limited, creating concerns of the future. Due to the company’s future uncertainties, we have chosen to decrease our sales expectations, which renders an updated fair value range, including a new base case of SEK5.5 (7).
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