Jondetech: Promising Operational and Commercial Development, but Higher Dilution - Redeye
Redeye comments on Jondetech’s Q2 report, in which positive signs for revenue generation and cash flow from JIRS30 were reported. Also, JDT managed to shrink its cost base more than Redeye anticipated, which together with improved working capital resulted in a lower-than-expected burn rate. Resulting from higher anticipated dilution than previously estimated, Redeye reduces its fair value range.
Länk till analysen i sin helhet: https://www.redeye.se/research/930061/jondetech-promising-operational-and-commercial-development-but-higher-dilution?utm_source=finwire&utm_medium=RSS