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Altech Chemicals Limited ( (AU:ATC) ) has provided an update.
Altech Batteries Limited has announced significant changes in its board and management following a proposal by a major shareholder to replace the current board. The outgoing board has decided to facilitate a smooth transition to avoid disruption and maintain shareholder value. The new board will continue focusing on the company’s strategic goals, including the development of Silumina Anodes™ and CERENERGY® battery systems, while seeking strategic partnerships to bring these technologies to market swiftly.
The most recent analyst rating on (AU:ATC) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Altech Chemicals Limited stock, see the AU:ATC Stock Forecast page.
More about Altech Chemicals Limited
Altech Batteries Limited is a company operating in the advanced battery materials industry, focusing on innovative technologies like silicon-enhanced anode technology and sodium-solid-state battery systems. The company aims to enhance lithium-ion battery performance and provide alternatives for grid and industrial markets.
Average Trading Volume: 7,658,692
Technical Sentiment Signal: Sell
Current Market Cap: A$80.05M
For detailed information about ATC stock, go to TipRanks’ Stock Analysis page.