ATC 4.88% 4.3¢ altech batteries ltd

Ann: Altech - Altech Advanced Materials AG Capital Raise Update, page-22

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  1. 1,059 Posts.
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    Rockett, I'll be very happy to be proven wrong on the upside. If AAM raises the full USD100m and the mezz loan is approved by Macquarie then I would expect the SP to be > 20c. Maybe 60c at a stretch when the plant is up and running and HPA prices remain high.
    Gotta remember we will only get 51% of the projected EBITDA the company has modeled.
    I do think if all the ducks eventually line up, we will get a market re-rate and the SP may run hard.
    Bring on 2020 and may it be a very happy and prosperous new year to all ( especially long-suffering Altech holders smile.png )
 
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