We do not take a stance on the dispute
We have continued to clarify the dispute between Afarak’s owners. We have concluded that we cannot reliably evaluate the matter’s potential juridical consequences or its outcome. In this exceptional matter, the share’s price may not be tied to the company’s fundamental value. We will continue research on Afarak and we will continue to evaluate the company’s operations. However, we do not see it justifiable nor do we have the required information to be able to take stance on the dispute or evaluate the matters consequences. Therefore, we do not give the share a recommendation or a target price (prev. Reduce / 0.75 eur).
Afarak Group
Afarak Group operates in the manufacturing industry. The company specializes in the manufacture and development of specialized alloys and chrome solutions for industrial components. The products are resold worldwide through their own sales and marketing channels, where customers are found in the automotive, aerospace, and nuclear industries. The company is headquartered in Helsinki.
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