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

  1. edshann
    2,471 Posts.
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    29/09/16
    11:57
    Post #: 19504358
    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.
    HDX Price at posting: 8.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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