ATC 0.00% 5.0¢ altech batteries ltd

One thing we all may take for granted is, that neither SMS group...

  1. 56 Posts.
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    One thing we all may take for granted is, that neither SMS group nor KfW, who are Germany's premier metallurgical plant builder and project finance bank, would follow up on anything but a first class project. The Altech story is happening at exactly the right time, and this stock clearly has the potential to become a multi-bagger, even in the short term.
    The move to raise the project equity via a JV partner for the project on the Frankfurt stock exchange gives Altech significant exposure to sophisticated European Investors with 10M+ ticket sizes. In Germany all things connected to electromobility are "hot" at the moment.
    Let's also watch their next supervisory board appointments closely. Former, long-time SMS-boss Dieter Rosenthal is certainly one of the most experienced and most credible personalities in this space. Would be exciting to see more board members of this caliber and outstanding reputation joining Altech Advanced Materials.
 
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