ATC 2.63% 3.9¢ altech batteries ltd

Ann: Altech - Placement of Entitlement Offer Shortfall, page-21

  1. 1,800 Posts.
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    Shares went to sophs. I managed to get a piece but got heavily scaled back. Out at 5c if I’m being honest. Too much baggage and overhang to back this long term and 25% in a day is worth taking. Will keep my options longer term to see if these guys can execute and also will buy on market too but the track record doesn’t look great from what I’ve seen.

    One huge positive for holders is that someone had been buying and the Germans seem to like the business so there’s definitely upside and potentially something bubbling away in the background so who knows what’s in store. GLTAH
 
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