But don’t they (db) take on 91milliom new issues shares once the 6,4m$aud /0.07once the Raise is completed in august
then a new holders notification is issued and they hold a much larger parcel than now.
after all they play a game now in my opinion - to shake the tree.
even if Altech collects only the 6.4m$ without selling a single 0.07 to exisiting holders via 1:8 they got pretty sweet cash and extend their run way for more good news including the pfs ,… and receive another 2.4m$ in December anyways which by then should have recovered the price? I mean it’s the usual snake the tree by the big boys and I think as long they believe this can be a technology for the future market and actually gets produced and sold one day this will be just a little dip on a long term chart , but of course they have to deliver.
i still see it as a strategy as asx atc holds the largest lion share of profit share for the future and Germany eventually will have to take over the entire thing.
+ all the directors have their personal bonuses in asx atc at minimum 12 Cents waiting… unless this is a total miss leading strategy to hand us a carrot to buy at 7c
but let’s see… even we collect only the 6.4m underwritten, that’s what it means right?? They guarantee us to participate 6.4M$
then I personally feels very confident it allows us to release necessary building blocks like pfs to show the truth and drive the price up again. + afterall , if it goes under 7c and less people convert their shares = less new shares at 7c are issued = less dilution
just in my opinion
no investment advice
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altech batteries ltd
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Last
3.6¢ |
Change
0.002(5.88%) |
Mkt cap ! $72.09M |
Open | High | Low | Value | Volume |
3.4¢ | 3.6¢ | 3.4¢ | $12.69K | 359.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 184502 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 36165 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 184502 | 0.035 |
4 | 157054 | 0.034 |
4 | 812790 | 0.033 |
8 | 4055133 | 0.032 |
8 | 1301412 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 36165 | 2 |
0.037 | 246501 | 3 |
0.038 | 127557 | 2 |
0.039 | 808851 | 3 |
0.040 | 347299 | 5 |
Last trade - 11.44am 23/07/2025 (20 minute delay) ? |
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ATC (ASX) Chart |