ATC 5.26% 5.4¢ altech batteries ltd

I spotted this article...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,065 Posts.
    lightbulb Created with Sketch. 919
    I spotted this article today:

    https://boersengefluester.de/altech-advanced-materials-batterie-aktie-mit-faktor-40/

    Google Chrome translate does an OK job but https://www.deepl.com/translator does a better job.

    I have pasted the deepl translation of the last two paragraphs.

    However, as Hansjörg Plaggemars, member of the AAM board, assured us in the background discussion, the success of the project does not depend solely on the success of the rights issue. One conceivable option would be to add a convertible bond to the financial measure. The decisive question, of course, is whether the whole project will pay off in the end. AMM has presented various scenarios for this purpose. On the basis of KfW's conservative assumptions, the entire project would have a discounted present value (7.5 percent) before taxes of USD 505 million and would have amortized after just under four years. Calculated down to the individual AAM share, the project cash value is the equivalent of around EUR 2.30. The project cash value before tax would have been USD 505 million after almost four years. The KfW scenario estimates the annual EBITDA to be USD 76 million. "A significant part of the growth story, however, is that further HPA plants could be built over the next few years," says Plaggemars.

    Saxony's Prime Minister Michael Kretschmer, in particular, has signaled his interest in a corresponding positioning as a location for the battery industry. After all, with the Schwarze Pumpe industrial estate, Bavaria has an ideal location for such projects. And who knows: Varta, IBU-tec advanced materials, Akasol and Voltabox are interesting listed companies in the field of specialty chemistry/battery technology, which might even be potential cooperation partners. Boersengefluester.de continues to follow the development. This much should be clear: It is hot speculation. After all, there is now the possibility to invest in a German company and not via an Australian penny stock. The title definitely belongs on the watch list.
 
watchlist Created with Sketch. Add ATC (ASX) to my watchlist
(20min delay)
Last
5.4¢
Change
-0.003(5.26%)
Mkt cap ! $104.5M
Open High Low Value Volume
5.7¢ 5.8¢ 5.4¢ $254.1K 4.559M

Buyers (Bids)

No. Vol. Price($)
3 387125 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 118363 3
View Market Depth
Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
ATC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.