ATC 2.63% 3.7¢ altech batteries ltd

Ann: Altech - Final Instalments made for Johor HPA Site, page-6

  1. 192 Posts.
    lightbulb Created with Sketch. 6
    I hope any equity raise occurs after the mezzanine finance is locked in. I would rather start building the plant a few months late than give up more of the company.

    What do the punters think the SP will be once mezzanine finance is locked in? With a maximum of 30m equity raise, the dilution looks to be pretty manageable. We are not looking to raise a lot and the price is pretty good so I hope management will be choosy about what kind of institutional investment comes in. We want a long term holder not someone who will sell for a quick profit. Maybe forbid new investment from selling until the plant is operational.
 
watchlist Created with Sketch. Add ATC (ASX) to my watchlist
(20min delay)
Last
3.7¢
Change
-0.001(2.63%)
Mkt cap ! $63.66M
Open High Low Value Volume
3.8¢ 3.8¢ 3.7¢ $12.36K 333.9K

Buyers (Bids)

No. Vol. Price($)
3 270408 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 532357 4
View Market Depth
Last trade - 15.07pm 10/09/2024 (20 minute delay) ?
ATC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.