Developments and Financing at Advanced Battery Technologies [View article]
Great analysis... raising capital through equity is a road many companies are currently taking as it is increasingly difficult to receive capital from banks. In addition, since these stock prices can be considered "undervalued" for ABAT, this must have been an easy sell in the PIPE world. Generally these transactions for financially stable companies are used to generate capital for acquisitions. I think ABAT is expanding at a very rapid rate, and investors will benefit from this growth.
As a word of caution, I'd also like to point out that in their coming quarters, ABAT will be also hit by higher taxes, as their "start-up" grace period is slowly passing.
Better Lithium-Ion Battery Plays than A123 Systems [View article]
I personally agree with the author that there are better investments in this industry than A123. Although there has been significant hype over this IPO that the run today is not a surprise. I definitely urge investors to practice caution when investing in this industry, as well as foreign companies. Feel free to check out my research on ABAT as well:
Developments and Financing at Advanced Battery Technologies [View article]
As a word of caution, I'd also like to point out that in their coming quarters, ABAT will be also hit by higher taxes, as their "start-up" grace period is slowly passing.
Better Lithium-Ion Battery Plays than A123 Systems [View article]
www.everyl.com/index.p...