ATC 0.00% 5.3¢ altech batteries ltd

YanlinIf what you say is true, then all well and good. However,...

  1. 156 Posts.
    Yanlin

    If what you say is true, then all well and good. However, lets put aside all the wheeling and dealing and the big picture stuff. Lets look at bread and butter stuff i.e. core business. Look at Grants analysis on Q1 cashflow. I agree with Grant, the companys poor collection of debtors may soon lead to a cashflow crisis. Collection of only 30% of Q1 revenues in Q1 is distressing to me as a shareholder. If we get a cashflow crisis, what does this mean? A placement at 15c? A placement at 10c? The big picture stuff wont come off if the company is broke!

    In terms of directors buying, well, Im sure there are alot of shareholders out there who own more shares than they do and paid much more than they did for their shares. Put simply, the directors need to do significantly more buying for the market to start taking notice of it.
 
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Last trade - 15.49pm 18/07/2024 (20 minute delay) ?
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