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Strax: Comment on Large PPE Deal - Redeye

Redeye comments on the large deal announced on Wednesday. The deal amounts to more than 32 MEUR with healthy gross margins to be delivered during Q1 of 2022. Redeye sees more potential for similar deals going forward. While the deal adds value to the business, Redeye maintains its valuation due to continued risk of STRAX needing to dilute shareholders by issuing new shares.

Redeye comments on the large deal announced on Wednesday. The deal amounts to more than 32 MEUR with healthy gross margins to be delivered during Q1 of 2022. Redeye sees more potential for similar deals going forward. While the deal adds value to the business, Redeye maintains its valuation due to continued risk of STRAX needing to dilute shareholders by issuing new shares.
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