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Altech Chemicals Limited ( (AU:ATC) ) has provided an announcement.
Altech Batteries Ltd has applied for quotation on the ASX of 2,109 new fully paid ordinary shares, following the exercise or conversion of existing options or other convertible securities. The modest size of the issuance suggests only a minor change to the company’s capital structure, indicating a routine administrative step rather than a material shift in funding or strategy for current shareholders and market positioning.
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 Ltd, listed on the ASX under the code ATC, operates in the battery and advanced materials sector, focusing on technologies and products that support the energy storage and battery industries.
Average Trading Volume: 8,128,225
Technical Sentiment Signal: Sell
Current Market Cap: A$66.72M
See more data about ATC stock on TipRanks’ Stock Analysis page.