HDX hughes drilling limited

Terrible communication = continued drift lower

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    HDX continues to treat shareholders in contempt and its not surprising the share price has drifted lower to new yearly low today.

    The organisation:
    - refuses to do quarterly updates
    - provides the barest minimum of updates that are not the compulsory mid year and end of year
    - last AGM could not be bothered to prepare a shareholders presentation
    - has not provided an investors presentation update since March 2015

    Run like a private company with no respect to shareholders in my view

    I hold only because there is so little volume moving here its actually hard to sell and with net tangible assets of 31c per share is seems criminal to sell at current levels.

    Any holders have a view on the future?

    Dazzler
 
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