ATC 3.85% 7.5¢ altech chemicals ltd

company update - fnt

  1. 11 Posts.

    Although a supporter of the company its time for the company to come clean on yesterdays announcement.

    Afterall, FNT is the lifeline of this company and a A750,000 non-redundable deposit has been paid.

    So

    (a) Will the delay in the provision and confirmation of information by the FNT vendor lead to the contract falling over as it wont be completed by 31/12/02?
    (b) Will the company defend its rights under the contract if the FNT vendor changes its mind.
    (c) If all was sorted out on 7 Nov 02 when it announcment finalisation of the FNT transaction to the market, why are we still waiting for provision of info from the FNT vendor?

    Wraith
 
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