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Bayn Group

Long
OMXSTO:BAYN   None
Fundamentals for this M&A food tech company which focuses on acquiring consumer facing brands like Pändy and Tweek looks quite promising. Bayn Group has cutting edge and healthy sugar reduction solutions which can be used in the food and beverage industry.

They have 100+ million in cash for acquisitions.

They have a clear strategy, economic muscles and have had great execution these last months. They have new leadership and they have managed to recruit active and competent owners and a great advisor team.

I think we're going up above 10 where ascending trend line meets resistance, could move up before also. Volume trend indicates more strength for the long side.


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