ATC 5.13% 3.7¢ altech batteries ltd

Ann: Altech - $14.5 million Underwritten Entitlement Offer, page-180

  1. 20,360 Posts.
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    What's going on with Stage 2? Construction works were completed in July and now the company is raising funds to pay for stage 2 early works construction. How much do they owe? Are they trading insolvent at the moment if they are unable to pay for this now?

    I'm surprised there hasnt been a please explain from the ASX as a going concern here.
 
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