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bearish
SD Biosensor
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SD Biosensor IPO Valuation Analysis
Equity Capital Markets
515 Views
20 May 2021 16:19
Our base case valuation of SD Biosensor is 82,021 won, which is 4% lower than the high end of the IPO price range of 85,000 won. Given the lack of upside, we would pass on this IPO.
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