ATC 0.00% 7.0¢ altech batteries ltd

more shares to issue

  1. 737 Posts.

    Its sale time. What a bargain. 40 million more shares to issue. With luck we may hit 1 billion by the end of the year. What a fund raiser. Based on todays prices and at 80% of av. 5 day price, 40 million will get you around $1.2m. Just enough to cover director fees and executive officers for a year.

    But who would be mad enough to want equity in this dog. Current shareholders would probably rather jump into a crocodile pit rather stuff more money down this black hole.
 
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