ATC 0.00% 4.6¢ altech batteries ltd

Ann: Trading Halt, page-6

  1. 1,052 Posts.
    lightbulb Created with Sketch. 905
    Unexpected given the imminent AAM raise.
    Three reasons come to mind.
    1. Contingency for a poor AAM result.
    2. A sweater for the AAM raise, as up to 49% of the CR will go AAM investors if all the money is directed towards plant construction.
    3. Early funding for a second plant.
 
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