Hightex Share Discussion Threads

[mally6] 17/12/2014 09:32

this sure is flying maybe the previous 1.2p might be reached

[ten bag man] 17/12/2014 09:27

3/4 of companies shares traded in one and a half hours.!!

[ashtree2] 17/12/2014 09:25

TBMan...good call

[ten bag man] 17/12/2014 09:23

Half the companies shares traded in under two hours!!!!

[spekky] 17/12/2014 09:22

A company called Matrix One held a huge chunk in the early days,I would not be surprised to see them resurface if the facts present well.

[moreforus] 17/12/2014 09:17

Mr 10 mill up 20k

[ten bag man] 17/12/2014 09:14

We have a large buyer picking up all the stock as far as I can see.

It's non stop.

[tidy 2] 17/12/2014 08:58

Quick bagger then free carry back over to ult hehe

[fenseal3] 17/12/2014 08:49

This is being walked up to a more sensible level, was priced to go bust but not the case, MC 1.5m @ 0.5p, still a way to go here, GLA 8-)!!!

[ten bag man] 17/12/2014 08:39

Looks like we have some real buying here.

One can understand why.!!

[fenseal3] 17/12/2014 08:16

68m shares traded in 16 min, even at 0.5p the MC is only 1.5m, nuts!!!!

[spekky] 17/12/2014 07:59

They must have demonstrated to the courts that they have "something" which can see them survive.......Personally I think it's the Gardens or Suvarnabhumi (phase two)....it's highly unlikely they could base any survival plan on Russian contracts given all that is happening with the Rouble/Ukraine etc.

[ten bag man] 17/12/2014 07:47

Game on me thinks!

[ten bag man] 17/12/2014 07:47

Introduction
On 1 March 2012 new German insolvency law rules will come into effect which are intended to facilitate and promote debtor-in-possession proceedings and the use of restructuring plans and debt-equity swaps. In addition, the new insolvency law will introduce new rules to enhance creditor autonomy and control, in particular over the appointment of the insolvency administrator. When it comes into effect the new insolvency law is likely to drastically change the rule set for insolvency proceedings in Germany, increasing the number of plan proceedings versus liquidations and making distressed investment targets more attractive to financial investors. It will also further align German insolvency rules to international standards, in particular to US Chapter 11 proceedings.

[moreforus] 17/12/2014 07:46

Well it's gonna open flat ..

[ten bag man] 17/12/2014 07:42

If yesterday's buyer was in court yesterday, (something the anyone could do) that person may also know the real value here (after most,or all of the debt has gone( via the court)

[ten bag man] 17/12/2014 07:37

Further to the statement issued on November 19th, the Company announces that the German courts have approved the application by Hightex GmbH, the principal operating subsidiary of Hightex Group plc, for 'personal management', a German legal process also known as 'debtor in possession' ('Eigenverwaltung'). The 'Eigenverwaltung' procedure is similar to a Chapter 11 procedure in the United States. The objective is the reorganisation and continuation of the subsidiary.


AS I KEEP SAYING READ THE LAST LINE.

[fenseal3] 17/12/2014 07:20

Great news, to me this says we have a plan and we will survive, at 1p this equates to only 3m, it would not surprise me to see a contract RNS soonish, could be a lovely blue day today!!!!