We have updated our model following the company's new strategy with the integration of its Chinese partner. As the growth development and international focus of the company has not changed, a solution for financial support going forward with many projects simultaneously, while avoiding shareholder dilution, is a positive for both the company and investors, even if the process pushes expected revenues further ahead in time. We maintain a positive view on the group backed by our Buy recommendat
08 Dec 2016
Buy recommendation reaffirmed (Ebioss Energy)
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Buy recommendation reaffirmed (Ebioss Energy)
Ebioss Energy AD (EBI:BME) | 0 0 5.9% | Mkt Cap: 8.13m
- Published:
08 Dec 2016 -
Author:
Juan Camilo Rodriguez -
Pages:
2
We have updated our model following the company's new strategy with the integration of its Chinese partner. As the growth development and international focus of the company has not changed, a solution for financial support going forward with many projects simultaneously, while avoiding shareholder dilution, is a positive for both the company and investors, even if the process pushes expected revenues further ahead in time. We maintain a positive view on the group backed by our Buy recommendat