Suominen - Nonwoven Manufacturer for the Wiping Segment

[Critter1]

@Rauli_Juva

It seems the stock is having a bit of trouble finding the right level after the detachment of subscription rights. As I wrote in the comment and as can be seen from the correctly adjusted price charts, based on yesterday’s close, the price would now be 0.66 euros. Our target price has indeed automatically updated to 0.62 euros, but otherwise, I will be updating the figures in the near future. We had a 25 MEUR hybrid in the model, so it is practically just being replaced by a rights issue of a corresponding size.

There hasn’t been any major chaos yet; the bid side is at 57 cents and the ask side is at 85 cents. Volume is starting to reach a decent level, and soon we’ll break the magical €1,000 limit in daily turnover.