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4.88% 4.3¢ altech batteries ltd

Ann: Altech - German Project Equity Strategy Commences, page-25

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  1. Muad'Dib
    1,059 Posts.
    lightbulb Created with Sketch. 915
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    05/09/19
    15:07
    Post #: 40325244
    AAM will get 0% of Altech Chemicals Limited.
    The 'project' is 100% owned by Altech Chemical Pty Ltd.
    https://www.asx.com.au/asxpdf/20190718/pdf/446ptnbs5brp56.pdf
    YAG (now AAM) has the right to acquire a minimum 10% direct HPA project interest (for a pro-rata amount of US$20.4 million) up to a maximum of 49% direct HPA project interest for US$100 million, by subscribing to shares in Altech’s wholly-owned subsidiary Altech Chemicals Australia Pty Ltd (see Figure 1 below)

    https://hotcopper.com.au/data/attachments/1715/1715979-d3f96328a8720a0a904246e94219378e.jpg

    ATC Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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