ATC 0.00% 5.2¢ altech batteries ltd

To me its about the funding arrangement for the two remaining...

  1. 993 Posts.
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    To me its about the funding arrangement for the two remaining loans that in the last presentation were listed as under due dillegence.

    The outside dark horse for me is a party coming in to form a joint venture most likely cancelling out the need for a loan from the 2 other parties.

    I don't think its a bad announcement.

    I think the recent lowish volume sell down is more to do with resource and small cap sector sentiment rather than anything else and I highly doubt instos would of poured 16 odd million bucks in If they had their doubts about project viability or a bad finance ann coming in the space of a month or so.

    It doesn't really seem right to be all cheerful and happy days at the Maylasia opening and then have the finance pulled from beneath your feet a week later.

    Anyway we will wait and see.
 
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