ATC altech batteries ltd

2.94%

3.5¢

SERIOUSLY!!! Directors have tax obligations and various other...

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Holdtight

3,102 Posts.

1997

09/12/22

13:12

Post #: 65241807
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Originally posted by Muad'Dib: ↑

I'm not so sure about his motives now. He's been selling for nearly 4 weeks.
So far sold 14% of his holdings (19,965,824 shares). This represents 32% of all shares traded since he first started selling.
More than enough to shift market sentiment. Why would anyone buy now knowing he may continue dumping?
If his motive is to drive down the price prior to a CR, he has well and truly achieved that.
If he wants out due to the Johor plant dropping to the lowest priority then he has become a hostile director which sends a terrible message to the market.
Time will tell, but due to his sustained selling, I'm becoming increasingly unhappy as he is an insider.

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SERIOUSLY!!! Directors have tax obligations and various other reasons for selling other than inside knowledge. In fact, if he knew something bad was happening he would be going to prison for insider trading.

My guess is he needed some cash and still holds 116m tell me he still believes in the company.

ATC Price at posting: 8.2¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.5¢		Change 0.001(2.94%)		Mkt cap ! $70.09M

Open	High	Low	Value	Volume
3.5¢	3.5¢	3.4¢	$63.73K	1.823M

Buyers (Bids)

No.	Vol.	Price($)
9	980569	3.4¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	235891	3

View Market Depth

No.	Vol.	Price($)
8	905569	0.034
7	636792	0.033
6	4007288	0.032
6	1057998	0.031
20	2153834	0.030

Price($)	Vol.	No.
0.035	135891	2
0.036	1435645	3
0.037	246501	3
0.039	103851	2
0.040	325299	4

Last trade - 16.10pm 25/07/2025 (20 minute delay)

ATC (ASX) Chart

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