ATC 2.56% 3.8¢ altech batteries ltd

Ann: Altech - Mezzanine debt due diligence update, page-5

  1. 10,812 Posts.
    lightbulb Created with Sketch. 665
    yeh for mine it is the 3 month time frame given for the raise which is a major concern. Feb 18th
    If they have to go before the finance is secured then it will likely have a significant dilutionary effect which is Bollocks!
    On top of which the extra 10% on top of the 15% capacity excercised after the CR and we will be at a billion shares easily which is also bollocks!
    I understand that blow outs happen but how about a bit of clarity if that is the case? Stops SH jumping at shadows and selling at a loss when or if it all turns out for the good at a later date.
    Strike 1!
    T
 
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