It is good news Tassy.
For some reason it was deemed not price sensitive. Not too sure why. The asx decides what is sensitive and what is not. There would be many that didn't even bother to read the announcement because they saw that it wasn't price sensitive.
AETC has been working with VOLT for over 3 years now. The fact that they are now signing agreements with them should be seen as a huge positive.
They would not be signing such agreements if they did not have confidence in their relationship with Volt.
Volt stated in the announcement that they believe that the downstream opportunity represents the biggest potential value generator for Volt shareholders.
I tend to agree with them . Hence the reason why the AETC agreement is very good news for VRC going forward. This will also provide Volt with the opportunity of hopefully getting significant funding through the US Govt. This would not have been possible without the relationship with AETC.
Cheers.
Ann: Volt and AETC Enter into Agreement, page-3
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