Baltic,
I sent my Dad to Schwarze Pumpe. My advice, anyone who speaks German call the people on site. They can give you a realistic update.
Then call Fraunhofer and enquire about the project from their perspective.
Again, send out to Non-eligible holders to participate.
And has anyone bothered to check out Balaton and Delphi? German speaking holders should do it.
Altech Batteries Non-Renounceable Entitlement Offer (NREO)
Dear Shareholder,
1 Altech Batteries Limited (ASX: ATC) (FRA: A3Y) is pleased to announce a capital raising, by way of an Entitlement Offer to raise up to approximately.8 million.Shareholders are able to apply for their Entitlement by way of 1 new share for every 8 shares held, at an issue price of
.07 for 1 new Share. 2 Altech Batteries Limited (ASX: ATC) (FRA: A3Y) is pleased to announce a capital raising, by way of an Entitlement Offer to raise up to approximately$12.8 million.Shareholders are able to apply for their Entitlement by way of 1 new share for every 8 shares held, at an issue price of $0.07 for 1 new Share.
Managing Director Mr Iggy Tan stated“We are delighted with the progress of the Entitlement Offer. Altech’s major shareholders, Deutsche Balaton Aktiengesellschaft and Delphi Unternehmensberatung Aktiengesellschaft, have agreed to partially underwrite the Entitlement Offer for $6,700,000. Having the support of these German shareholders is very pleasing. The capital raising has come at an exciting time for Altech, as we progress with the commercialisation of the 100MWh CERENERGY® battery project, as well as near completion of our Silumina Anodes pilot plant".Altech encourages you to participate in the Entitlement Offer. Together with a recent share placement at $0.07 per share to raise $3 million, this is the first capital raising undertaken by Altech since it entered into the CERENERGY®battery joint venture with world leading German government R&D institute Fraunhofer. Funds raised will allow Altech to progress with commercialisation of a 100MWh plant to be constructed on Altech's land in Germany, to produce the CERENERGY®battery.
For more information on the Company’s progress and strategy, clickhereto go to Altech's dedicated Entitlement Offer page.
I am not here to stir the pot, ATC wants my money and I won't participate even if I was eligible.
That's all, good luck to you guys and hopefully it will turn out great for you and the environment.
And take DYOR very very seriously.
Managing Director Mr Iggy Tan stated“We are delighted with the progress of the Entitlement Offer. Altech’s major shareholders, Deutsche Balaton Aktiengesellschaft and Delphi Unternehmensberatung Aktiengesellschaft, have agreed to partially underwrite the Entitlement Offer for ,700,000. Having the support of these German shareholders is very pleasing. The capital raising has come at an exciting time for Altech, as we progress with the commercialisation of the 100MWh CERENERGY® battery project, as well as near completion of our Silumina Anodes pilot plant".Altech encourages you to participate in the Entitlement Offer. Together with a recent share placement at
.07 per share to raise million, this is the first capital raising undertaken by Altech since it entered into the CERENERGY®battery joint venture with world leading German government R&D institute Fraunhofer. Funds raised will allow Altech to progress with commercialisation of a 100MWh plant to be constructed on Altech's land in Germany, to produce the CERENERGY®battery. 3 Altech Batteries Limited (ASX: ATC) (FRA: A3Y) is pleased to announce a capital raising, by way of an Entitlement Offer to raise up to approximately$12.8 million.Shareholders are able to apply for their Entitlement by way of 1 new share for every 8 shares held, at an issue price of $0.07 for 1 new Share.
Managing Director Mr Iggy Tan stated“We are delighted with the progress of the Entitlement Offer. Altech’s major shareholders, Deutsche Balaton Aktiengesellschaft and Delphi Unternehmensberatung Aktiengesellschaft, have agreed to partially underwrite the Entitlement Offer for $6,700,000. Having the support of these German shareholders is very pleasing. The capital raising has come at an exciting time for Altech, as we progress with the commercialisation of the 100MWh CERENERGY® battery project, as well as near completion of our Silumina Anodes pilot plant".Altech encourages you to participate in the Entitlement Offer. Together with a recent share placement at $0.07 per share to raise $3 million, this is the first capital raising undertaken by Altech since it entered into the CERENERGY®battery joint venture with world leading German government R&D institute Fraunhofer. Funds raised will allow Altech to progress with commercialisation of a 100MWh plant to be constructed on Altech's land in Germany, to produce the CERENERGY®battery.
For more information on the Company’s progress and strategy, clickhereto go to Altech's dedicated Entitlement Offer page.
I am not here to stir the pot, ATC wants my money and I won't participate even if I was eligible.
That's all, good luck to you guys and hopefully it will turn out great for you and the environment.
And take DYOR very very seriously.For more information on the Company’s progress and strategy, clickhereto go to Altech's dedicated Entitlement Offer page.
I am not here to stir the pot, ATC wants my money and I won't participate even if I was eligible.
That's all, good luck to you guys and hopefully it will turn out great for you and the environment.
And take DYOR very very seriously.
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- Ann: Altech - Entitlement Offer Interview with CFO Martin Stein
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Price($) | Vol. | No. |
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