Heliospectra: Fueling up
Heliospectra has made progress throughout 2018, where we especially value its ability to attract larger orders. Together with its new manufacturer and a strengthened cash position from the coming preferential rights issue, we argue that Heliospectra is well-positioned for high growth over the coming years. After updating our forecasts and adjusting our model based on the rights issue, we arrive at an updated fair value range.