ATC 0.00% 5.0¢ altech batteries ltd

Ann: Altech - Altech Advance Materials AG Fund Raising Update, page-8

  1. 659 Posts.
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    Maybe someone can explain something I has obviously missed. There was mention recently that ATC's sp could rise to about 20c if the cash raising goes to plan.What I do not understand is the correlation between the purchase price of the new shares in Germany a @ 1.10 euros which equates to $1.79 and the suggested sp here will only be approx. 20c. Can someone please explain why. Would be appreciated.
 
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