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and another thing was nobody knew what was going to come,did you?? you were just waiting for the 0.10p to enter again!!
pumpky,there was nothing to ridicule about anything of anyone,but check what did you say other day about subsidiary!! you didnty even know that hightex gmbh was just the subsidiary of the group!!
Read your reply to me on Friday,i forgot about their cash position, and you and Masqood thought it funny as you incorrecly thought i was locked out!
There are so many issues that are never going to be addressed. The 3.3m bad debts are the subject of an Insurance Claim and a Court Case, so what happened to the claim and what happened to the legal action?. What happened to SolarNext? ..... How do 2 sales of 3% sneak through days before the RNS? The biggest question of all is 'Why would a Company that is about to declare a huge loss reduce their 'GOODWILL VALUE" by 4 MILLION? .............. I think what's going to happen here has been carefully planned and it is now being played out.
THE problem is posters like you and Matlot,goading,ridiculing others that post negatives,you should be ashamed of yourself
what do people see happening here?
Same to you Nigel, ATB!
So many companies screx their shareholders with the likes of pre-packs and selling the core assets... we.. the owners... seen to be last in the queue... I remember being in ROK and similar happen there... you never know,something might still develop here but I'm not expecting it gla with your other investments
in short everyone knew that there was a risk and the rewards were far more greater than that!! if we fall to the risk side thats our bad luck!! but if someone didnt do any research and just invested here for only reward,that was not good,not just for this share but for the future too,because we are dealing in aim,anything can happen anytime here!! just look at some big companies like,ami,lond,people lose alot more than us there!! today three companies suspended on aim!! its not just us though!!
5p or 10p squad was different,they were not here long ago!! as we knew that 1p with contract was possible,but more than that was not possible!!
Yes true many different predictions have been banded about in the past, i didnt think we would end up in this situation but knew it was a possibility so have no one but myself to blame! It is a big shame, i can see Hightex going on and being a big player again under the new owners, we wont see any of that success though! On to the next one...
You need to read back - some were talking of 5p or even 10p some time before suspension and some didn't think suspension would happen... some might feel bitter because when they mentioned the risks here ie. lack of contract news for months.. they were shot down... it's ok to ramp or deramp but it needs to be real and not inflated to extremes.. it's a shame because the company has a great product but Brazil not paying on two large contracts meant the company was always going to struggle without replacement large contrracts..
No you didnt, think only 1 person said that and to be fair the 'ramping' started when we were suspended so its not like it caused a spike, guess its just a sit and see from here and hope we recover some money!
If the offer is accepted then the main subsidiary is clear of its debts and sold. This had nothing whatsoever to do with PLC and the other subsidiaries. Indeed had the offer not been made then Chapter 11 would have been endorsed protecting the company from its creditors and the loan facilities would have been exercised or even an equity issue. There is no connection between the offer for the German subsidiary and the closing down of the PLC. What are they implying is if the offer hadn't been made the PLC would have shut down anyway?. Not true and they never gave any indication of this. The offer is a late twist. Substantial amounts of money has been put on the table by a Russian billionaire and the directors have decided shareholders in the PLC will see none of it.
Maqsood, anyone who invested on his posting alone is a fool to not have done their own research, hopefully it has not been too expensive of a lesson!
Didnt expect that! Wasnt expecting to get 5p but the reports from the company handling the court proceedings certainly painted a different situation!! If this folds then thats me gone from AIM, bad times!
I'm not laughing,just pointing out the obvious as usual!
There probably is recourse If you feel like it the "procedure" has a duty to protect all shareholders. There is probably grounds to block insolvency and also stop the assett stripping aquisition. I guess there's a deal been done with TCA otherwise they would be seeking to take some action . Doors open to communicate with the board and ask questions . But unless you lost your shirt it's probably a long battle. I got a little lucky, fortunately bought at .09 and sold most at .38 . What I had was a chunky free carry. Still hurts though . Not keen on bad practice . If its the Russians its a clever play. Don't do any deals for stadia. Wait for it to fail and pick it up for a song then strike deals for stadia.
first wise peoson here,who knows the facts.we got group of seven companies here!! and yes the offer is still there,but they might do not want shareholders to get any benefit from it.that is really bad for us,but what can we do!!
Just saw the RNS. Truly sorry to read what happened. Nobody here is to blame. The company gave no indication whatsoever that the PLC was in danger of going into insolvency. Indeed it took great pains to state that none of the other subsidiaries were effected. Why would the PLC shut down anyway. What about all the other subsidiaries. I simply think an offer has been made and the directors have simply decided not to pass on any money to the shareholders.. With no effective Shareholder Action Group they can do whatever they like. The Russian billionaire story is still probably true but the purchase is through an Austrian company. Please stop blaming one another. In this case there was no warning whatsoever of potential insolvency indeed quite the reverse.
you should feel lucky daniel!! did anyone came and said thanks,or any good word when this went 500% up from here??? when something good happen,then they say their own research,and when things go wrong then they start blaming others!!
well not true been telling you both before the fact in that other stock you like ramping!
I did invest at 0.2 and got out last week at 0.16 when i saw a the RNS with the II sells... i needed funds for Afren. I still lost my ass on this share. Glad I will never invest here again
how can some people blame others i dont understand!! people have to do their own decisions and research!! never buy on others research!! i did buy here on my own research and sometime it does go wrong,so i am fine with it.but people buying with others research,they shouldnt be investing in aim!!sorry guys!!
I find it odd that the same investors seem to pop up in these unlucky shares that's all and this one seems to have a vendata against common sense.