"Algae.Tec Limited (ASX: “AEB” or “the Company”) is pleased to announce that it has received subscriptions for $5,451,000 and has therefore reached the minimum subscription of its $8m Entitlement Issue, meaning it has now met the final Condition Precedent of the Collaboration and License Term Sheet Agreement (“Agreement”) with Jardin De Invierno SA (“JDL”)"
Looks like people enjoyed the AEB story a little more then the naysayers on HC. Well done to management, one more box ticked off. Bring on the cash crop.
AEB Price at posting:
4.2¢ Sentiment: Buy Disclosure: Not Held
