ATC 6.67% 4.0¢ altech batteries ltd

Ann: Security Purchase Plan, page-7

  1. 2,758 Posts.
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    '"AAM is currently in the process of fund raising, which Altech understands will occur mainly in the first half of 2020."
    really I thought it was now?''' troyus. Thank you for highlighting that.

    "Would have prefered to know the outcome prior to commiting more funds for mine!" troyus. Silly me, I thought "know[ing] the outcome" was also standared practice.

    "The placement was ANCHORED by the company's major shareholder Deutsche Balaton." caps mine. I don't like that. I'd guess it means "underwritten" but that's a good guess only. This is the ASX.This is Money. Lost in translation is utterly unneeded. Worse still is weasel words. This is probably nothing, probably; certainly poor communication.

    OV


 
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