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Altech Batteries Limited Announces New Options Offer

Story Highlights
  • Altech Batteries Limited offers 126,666,667 quoted options exercisable at $0.065 by 2028.
  • The options are speculative and available in select jurisdictions, urging professional advice.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Altech Batteries Limited Announces New Options Offer

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The latest announcement is out from Altech Chemicals Limited ( (AU:ATC) ).

Altech Batteries Limited has released a prospectus for the offer of 126,666,667 quoted options, which are exercisable at $0.065 on or before October 31, 2028. The prospectus is a transaction-specific document prepared under the Corporations Act, and it highlights that the options are considered highly speculative. The offer is limited to certain jurisdictions, including Australia, Germany, Hong Kong, and Switzerland. The company emphasizes the importance of consulting professional advisers before making investment decisions.

More about Altech Chemicals Limited

Average Trading Volume: 4,785,422

Technical Sentiment Signal: Sell

Current Market Cap: A$96.06M

See more insights into ATC stock on TipRanks’ Stock Analysis page.

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