Garpal Gumnut
Ross Island Hotel
- Joined
- 2 January 2006
- Posts
- 13,217
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Bad news for this EV fast battery charging outfit based in Brisbane and listed on NASDAQ. Low on cash and Australian Fed Govt. not coming to party on $90m needed for ongoing. Unsure if this AUD or USD.
It will be closing all it's Bne operations with a loss of 200 jobs and relocating to Lebanon Tenn. i.e. a town called Lebanon in Tennessee USA.
There has been a decline of 80% in the stock price since August this year and some large investors are significantly oop. Presently sitting at $USD0.20
gg
It will be closing all it's Bne operations with a loss of 200 jobs and relocating to Lebanon Tenn. i.e. a town called Lebanon in Tennessee USA.
About Tritium
Founded in 2001, Tritium (Nasdaq: DCFC) designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for EVs. Tritium’s compact and robust chargers are designed to look great on Main Street and thrive in harsh conditions, through technology engineered to be easy to install, own, and use. Tritium is focused on continuous innovation in support of our customers around the world.
For more information, visit tritiumcharging.com.
There has been a decline of 80% in the stock price since August this year and some large investors are significantly oop. Presently sitting at $USD0.20
gg