The stock price slides down 5-8% intra day. Not enough to...

The stock price slides down 5-8% intra day. Not enough to warrant a 'please explain' from the regulator but enough to turn everyone's stomach.

I think retail investors deserve some explanation / clarification. Its very good for BW to brief Lazard, and some (still on-side) insto regularly, but its only responsible that management put up a market update to placate investors' alarm - eventhough an ASX ann. may not be mandatory.

I mean, what are we supposed to think. The stock price is tanking to oblivion - suggesting banking covenants will soon be breached and a wind-up to follow. What are HST's clients to think - who would take HST seriously when evaluating tenders and its share price movement shouting calamity. What signals are the sp sending to bankers? Surely, management has to finese some financial PR magic here to stop the share price drop - if only to survive.

Keeping investors informed when the stock slides day after day is imperative regardless whether there is something or nothing material to disclose. Not to do so is misleading (even if stock price turns north eventually).

I think each of us should call the company to get some clarity and to demonstrate the angst and alarm in the investment community. Hopefully company will keep all investors better informed.