ATC 15.9% 5.8¢ altech batteries ltd

The terms of the Mezz debt are as yet confidential. Macquarie...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 15,782 Posts.
    lightbulb Created with Sketch. 1460
    The terms of the Mezz debt are as yet confidential. Macquarie will also get their pound of flesh I've never seen it otherwise. Having said that they are syndicating it rather than taking it on their own which s a positive. Also, there will be a time frame in the agreement. I doubt ATC would have gone for it otherwise. It's progress and shows how tough it is for a chemical/mining co to get finance in Aust versus say a tech house in the US. 

    In the end, we're still on plan A or A(ii) not plan B. 

    From the way it's come out I suspect Iggy wanted to announce it at Noosa yesterday. just didn't quite make it. 
    You get that. 
 
watchlist Created with Sketch. Add ATC (ASX) to my watchlist
(20min delay)
Last
5.8¢
Change
-0.011(15.9%)
Mkt cap ! $112.2M
Open High Low Value Volume
6.5¢ 6.5¢ 5.5¢ $745.0K 12.76M

Buyers (Bids)

No. Vol. Price($)
2 134867 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 202719 2
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
ATC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.