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Altech Batteries Issues New Shares to Investors

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Altech Batteries Issues New Shares to Investors

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Altech Chemicals Limited ( (AU:ATC) ) just unveiled an announcement.

Altech Batteries Limited has issued 133,333,334 fully paid ordinary shares at $0.045 per share to sophisticated and professional investors. This move is part of the company’s strategy to strengthen its financial position and potentially enhance its market presence, indicating a proactive approach to capital management.

More about Altech Chemicals Limited

Altech Batteries Limited is a company operating in the battery industry, focusing on the development and production of advanced battery technologies.

Average Trading Volume: 3,805,232

Technical Sentiment Signal: Hold

Current Market Cap: A$101.4M

For an in-depth examination of ATC stock, go to TipRanks’ Overview page.

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