ATC 1.61% 6.1¢ altech batteries ltd

additional funds raised, page-5

  1. 737 Posts.

    Keep dreaming Yanlin. Most of the money went to retire debt of a subsidiary. I bet the people that paid 14c must be spitting chips when more money was raised at 10c. No wonder Mackey seems reluctant to join this ship. By the time he comes on board (if he ever does), he would be a minority shareholder based on the way this company is issuing shares.

    How long do you think the remaining money will last. Director fees alone will mop that up pretty quickly.

 
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