ABTC has been on a roll, nailing down the purchase of a massive industrial facility for their battery recycling gig and getting their operations off the ground in no time. They're not just stopping there; they've cranked up their operations by adding another shift and are already eyeing up locations for another facility. The word is they've got some hefty feedstock deals in the pipeline, which could keep them busy for years. What's more, they've got the thumbs up from some of the big names in autos and batteries after passing some serious quality checks.
On top of all that, the U.S. Department of Energy is backing them up with some substantial grants, which just goes to show they're not just another player in the game. They've pulled in more grant money this year and are wisely using it to fuel their growth. Speaking of money, they smartly raised $25 million through convertible notes, showing they know how to keep the cash flowing for their ambitious plans.
All in all, as someone who's got a keen eye on the market, I'm pretty bullish on ABTC. They're pushing forward at full throttle, securing strategic partnerships, and getting that government nod, all while keeping their finances tight. This isn't just about riding the green wave; it's about being ahead of it. They're setting themselves up to be a major player in the battery recycling industry, and I'm here for it.
Id like to see us trade up into the $3 to even $4 range over the next few weeks to months.
On top of all that, the U.S. Department of Energy is backing them up with some substantial grants, which just goes to show they're not just another player in the game. They've pulled in more grant money this year and are wisely using it to fuel their growth. Speaking of money, they smartly raised $25 million through convertible notes, showing they know how to keep the cash flowing for their ambitious plans.
All in all, as someone who's got a keen eye on the market, I'm pretty bullish on ABTC. They're pushing forward at full throttle, securing strategic partnerships, and getting that government nod, all while keeping their finances tight. This isn't just about riding the green wave; it's about being ahead of it. They're setting themselves up to be a major player in the battery recycling industry, and I'm here for it.
Id like to see us trade up into the $3 to even $4 range over the next few weeks to months.
Comment:
I realize i spelled it wrong in my original post, sorry.
Comment:
We pass $2.50 we can easily see $3 as the stock trades through the liquidity zone past the PoC into to that nLVN,
Trade active:
American Battery Technology gets added to the MSCI Micro-Cap Index. Basically, this means more eyes on the stock and a potential price bump. Why? Well, big investment funds that follow this index might now have to buy shares, increasing demand. Plus, it's like a nod from the finance world that the company's doing something right, which can attract even more investors looking for a solid growth story. Higher demand and more trading can really give the stock a lift. It's not just about the short-term pop, though; being in an index can help with the stock's visibility and credibility long-term, which is great news for buying the dip and holding onto those shares.