ATC 0.00% 4.6¢ altech batteries ltd

Altech Chemicals’ (ASX:ATC) alumina tech successfully coats graphite particles, page-135

  1. 133 Posts.
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    Whatever it may be, largest volume of sales** in a day since 15 December 2017 when ATC received the Positive Decision on Export finance. First Spike in 2015 on the announcement of the Mitsubishi sales Agreement. Interestingly the weeks leading up to the Dec 17 Increase value traded saw higher volume than usual. Most of the other spikes in volume relate to the (7?) pre-capital raisings.

    This is the 4th ASX Price and volume query, the other being's in October 2017, March 2016 and December 2015, with all noting an "advertising" article of why the stock was going to go well. Oct 17 was prior to announcement of $17m share placement, and March 2016 prior to release of a SPP. The December 2015 wasn't followed by a Capital raising, though arguably in the wake of the first good news in Sept '15 Mitsubishi signing.

    Uncharted territory if it's a capital raise or if insiders getting in before some good news.

    https://hotcopper.com.au/data/attachments/2818/2818554-0ee37ff313cf18cb6fe2978d3683516a.jpg


    **Proxied the daily value based on average of open, high, low and close multiplied by daily volume.
 
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