Altech has not failed to impress and it has continued to kick goals and tick off the big checklist that comes with building a stable, on-going and profitable business which they will achieve in 2 years after the HPA plant is constructed and commissioned.
I topped up yesterday in the hope that the finance approval is concluded within the coming month as per previous announcements. This company is managed really well! Iggy Tan is really looking after shareholders by not diluting shares with the likely scenario being that ATC will be fully funded to build the HPA plant via debt and if anything can raise funds for working capital via equity placement.
This one is a long term hold for me and I feel it's way undervalued for the earnings potential once they're producing 4,500tpa of HPA.
