ATC 23.9% 5.7¢ altech batteries ltd

Ann: Altech - 25% Sale of Altech Industries Germany Finalised, page-3

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  1. 187 Posts.
    lightbulb Created with Sketch. 278
    Hi Razor,

    You've got a lot of things mixed up.tongue.png
    The 25 % (for A$ 8.3 million) is the share in AIG (Altech Industries Germany), a 100 % subsidiary of ATC.cool.png

    The 100 million US dollars are for 49% of ATC.biggrin.png

    Please do not confuse the two.

    Considering that nothing has really happened in Germany yet, the subsidiary AIG seems to be quite well valued at 20 million euros. wink.png

    DYOR and greetings from Old Germany
    Greenfoxi wink.png

 
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