ADQ adg global supply limited.
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FinchThe client that went into administration was Traverse...

  1. imran khan
    785 Posts.
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    07/05/14
    20:37
    Post #: 13337176
    Finch
    The client that went into administration was Traverse Drilling
    They did remote location drilling (PNG, Mongolia, Indonesia etc).
    ADQ had a $25m contract to supply them with consumables/ equipment.
    As per the last top 20, they also owned about 7m shares in ADQ which I am not sure if they sold out before they went into admin; otherwise there is a decent size block on the market
    ADQ Price at posting: 1.3¢ Sentiment: LT Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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