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Redeye provides an update to Wyld Networks Q1 2023 report and the outcome of the T03 warrants subscription. The report did not reveal any major surprises, and we observed a quarter characterized by significant business activity. In Q1’23, Wyld doubled its order book compared to FY’22, indicating strong demand. Considering the lower-than-anticipated outcome of the T03 warrants and the Q1’23 report, we have revised our forecasts and fair value range. Our new Base case is SEK20 (SEK23) per share.
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