ATC 1.61% 6.1¢ altech batteries ltd

additional funds raised

  1. 6,177 Posts.
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    ATC raises $512k in additional funds and no one on this board bats an eye lid. Given 2.54m were placed at 14c and 1.56m at 10c (with 1.56m options thrown in for nothing) I would have thoght those that paid 14c would be a little dirty.

    On the positive side, I think this will go a long way to solving any perceived short term cashflow problems. Now maybe we can get on and complete the FNT transaction.

    I'd like to hear from Grant on his views. But please don't worry about any dilution. The 4m+ shares issued will have little or no impact long term.

    Laurra, are you happy now (with the placement)???
 
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