Hi,

 

I am new to this site and have found the information available very valuable but also confusing at times.  I have been thinking about the offer made by HDT and wonder why if HDT have €380 million in assets and only owe €11 million to the banks and tax, why they do not sell off the amount of   assets needed to raise the €11  and pay them, and if they cant sell the other €300 + million to make the €70 million they owe to ordinary creditor , why not form a company between the ordinary creditors and let HDT give this company the balance of their assets  and to sell them over time.

 

I know this would take time but we may even come out better off, I know  we all just want our money back, but I'm thinking could HDT  come in under another name and buy the assets for a knock down price and then we would get even less than 65% we have been offered.