ATC
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2.33% 4.4¢ altech batteries ltd

Ann: Altech - Launch of German Project Equity Strategy, page-86

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  1. abishai
    1,020 Posts.
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    19/07/19
    19:13
    Post #: 39607788
    What he actually said was, " it will be significantly less dilutionary compared to a capital raising of this magnitude by Altech at its current share price; " This statement is correct. Raising USD$100M (AUD $140M) at circa 10c would triple the shares on issue and result in current ATC shareholders being diluted by 2/3 instead of 1/2 under the proposed transaction.
    ATC Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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