ADZ adsteam marine limited

might be a trade here., page-7

  1. 7,996 Posts.
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    re: hilldweller...... please read 1997, wow I didnt look back that far.

    Yes it has been on a downtrend, they have a major debt problem. The new CEO, has been on board about a year and is trying to set the company right. Making all the hard decisions and trying to clean them up.

    They hit $1.06 late last year, now that was a buy, unfortunately I sold out about $1.30, way to early.

    Their big problem is debt, the company makes mega $ and J.Moller is doing all he can to cut cost and eliminate debt. It wont be long before ADZ becomes a cash cow once again.

    Cheers
 
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Currently unlisted public company.

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