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10.4% 5.3¢ altech batteries ltd

Ann: Altech - Entitlement Offer Prospectus, page-15

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  1. arsenic
    15,549 Posts.
    lightbulb Created with Sketch. 1407
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    21/07/23
    11:37
    Post #: 68906982
    It's underwritten for around $6m. If we don't get it Deutch Balaton does.
    You can equally ask why was the discount is so deep.

    The answer is they sounded out major players and struck a price that would make the raising go.

    All IMVHO.
    Pretty sure I'll take mine at 7c and some overs.
    Last edited by arsenic: 21/07/23
    ATC Price at posting: 7.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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