ATC 3.64% 5.3¢ altech batteries ltd

Ann: Altech launches German language web site, page-59

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  1. 9,063 Posts.
    lightbulb Created with Sketch. 3955
    Is me holding meant to be good or bad?

    They had $3.8m at the end of June Quarter. They were predicting $1.7m outflow this quarter so conservatively say between $1-2m. I am personally hoping it is enough to get us through to the SMS green light. I would then like to see them contribute another say $5m at a higher price to add to their cornerstone investment and get us through to finance approval before the major equity raising which will hopefully be somewhere north of 20c
 
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