ATC 4.88% 3.9¢ altech batteries ltd

advantel sells china business, page-2

  1. 6,223 Posts.
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    Interesting that this news article came out before an announcement to the ASX. How is this possible??

    It seems fairly clear that the departure of Brett O'Reilly has a lot to do with the sale of the China business. I wonder how much money the existing shareholders will see?

    It was always going to happen, the ATC business had plenty of merit but was undercapitalised from the beginning leaving it vulnerable to either implosion or takeover or buy-out.

    Will trading now recommence..... I suppose the ASX had better receive notification first of this development!!
 
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