ATC 0.81% 6.2¢ altech batteries ltd

LISTED GREEN BONDSOn 28 July 2021 the Company provided an update...

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    LISTED GREEN BONDSOn 28 July 2021 the Company provided an update on the preparation phase for its proposed listed green bond offering of US$144m, to provide additional funding for its MalaysianHPA project. Extensive due diligence has been completed, including financial, legal and environmental social governance, and the bond issue process is expected to shortly move from the preparation phone to marketing and final initiation. As is customary with these types of offerings,
    it is anticipated that subscriptions for the bonds will be received in several tranches over a period of months, rather than a single tranche and closing for the entire US$144m offering amount.
    If they start finishing the building of the factory after raising the all of $ 144 M, that is we are here for a long term.No problem for the top guy of ATC, they get they pay every month, but my money is not making money
    Where the machine's are going be fabricated, I guess in Germany and that means the $ 144 M are going to be shifted toGermany from Australia. That is good business for Germany.Well, just my thoughts.
 
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