Still very disappointed that management are not pro-actively...

Still very disappointed that management are not pro-actively informing the market on progress.

Today I sent this email to the CFO, will summarise any response.

EMAIL

I remain concerned that HDX is letting down current investors by not being more pro-active in shareholder communication.

For example by providing an investor briefing that was only accessible by the phone on a particular day and time, and not releasing a general update for shareholders puts many of us that could not dial in at a disadvantage. Im not sure that this would not also be regarded as a breach of continuous disclosure requirements, especially if information was released in that address that has not been available to others.

As mentioned in my past email I understand a figure was quoted as expected revenue for this year in the vicinity of $100m - but I don't think that has been updated to the market generally.

If for example we look back 12 months by this time there had been a thorough investor update provided via BRR media and a separate investor update released on 7th February 2013, this year there has been limited, other than required reporting. (Although I did think the debt reduction information contained in the mid year report was excellent information).

I believe we are in a difficult climate for the sector and despite positive steps for HDX this is impacting the share price, however fighting the general sentiment of a sector is pretty hard to do if you are not prepared to keep the market update on progress.