The figures you are quoting regarding debt levels are old and should have been significantly reduced due to the AH plant sale.
having said that, for the past 6 months their statements regarding their debt levels have not added up!!!
As to what they own...they don't know that themselves!!!
They have a company in Malaysia called Nylex Malaysia doing their manufacturing....oddly enough, they don't own that company... not sure if they own the new plant in China (no announcements). in short, a couple of hoses, an esky, water tank nobody wants and fuel tanks for cars...
I think that is what they call their core products???
All which can easily be substituted by low priced competitiors...Willow!!
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