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Clavister AB: Redeye: A big opportunity is still rising in Clavister

This update on Clavister is a republishing of our research report by
Havan Hanna from July 12, where we have now added a section with our
Q2 reflections. Our view of the company and the investment case is
however unchanged, with a substantial upside potential to Base case.
We believe the market underestimates the long-term business value
within telecom and thus consequently is undervaluing the company.
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