tiprankstipranks
Trending News
More News >

Altech Batteries to Secure Funding with Shareholder Approval

Story Highlights
Altech Batteries to Secure Funding with Shareholder Approval

Altech Chemicals Limited ( (AU:ATC) ) has issued an announcement.

Altech Batteries Limited is holding a general meeting to seek shareholder approval for several resolutions, including the grant of a security interest to Deutsche Balaton AG, which would allow the company to access €2.5 million in funding. The Independent Expert’s Report has deemed this transaction fair and reasonable for non-associated shareholders, emphasizing its importance for the company’s financial strategy.

More about Altech Chemicals Limited

YTD Price Performance: -20.0%

Average Trading Volume: 1,274,463

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$74.1M

See more data about ATC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App