HDX 0.00% $2.80 hughes drilling limited

Ann: Directors appoint Voluntary Administrator-HDX.AX, page-15

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  1. 2,372 Posts.
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    Agreed. I got out after talking to the CFO. The strategy never made sense. Claiming free cash flow and a desire to pay down debt, yet the debt levels kept rising. Not enough financial skills on the Board. Appointing an ex-rugby player as a Director took the cake.

    A disaster waiting to happen. The only question is can anyone be held accountable.
 
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