Gapwaves: The Value Gap Remains
Redeye maintains its stance on Gapwaves after the company’s Q2’20 report. Gapwaves has had a strong news flow during this year. Although we are still waiting for the company to sign a deal with its long-time Tier 1 customer, we remain confident about its growth prospects. We keep our previous forecasts and valuation and reiterate our base case of SEK 33 per share.