A-Tec - Creditors are Demanding more Money

People ♦ Published: October 22, 2010; 12:26 ♦ (Vindobona)

Against the minimum quota of 30 per cent offered by Mirko Kovats 30 resistance is forming. A-Tec announced that the negotiations of the daughter AE & E are well underway on renewal of the credit facility.

A-Tec - Creditors are Demanding more Money / Picture: © Vindobona.org

Since Friday the shares of insolvent A-Tec are traded again at the Vienna Stock Exchange.

The stocks immediately attracted the gamblers in its spell: the stock plunged after the start of trading by 65 percent to 1.85 euros, then jumped back up within the first hour to 3.44 euros. During the…