Ann: Altech - $8.1m Share Placement and initiation of SPP, page-24

Alas I sold out in May as tax season approached after a few years holding as it netted off some capital gains. Still continue to watch quite closely, as I made my line buy back in when financing is approved (sure miss the initial up, but I think it's got a lot of long term potential even after that spike). To those who've continued to hold and have a better view on what's happened in the interim, do you see this announcement as an acknowledgement the Johor won't be progressed with, and that the Green Bond's aren't likely to turn up well for that, and this is part of the Company's pivot to it's subsidary ownership of a closer to market German operation?