XPD xpd soccer gear group limited

Ann: September 2016 Quarterly Trading Update-XPD.AX, page-4

  1. BSJ
    94 Posts.
    So all the fear-mongering about not being able to get money out of China is actually true? I'm rapidly developing serious concerns about owning an ASX-listed company that is legally unable to deploy its cash.

    This doesn't sound like a bank issue @Oldren , but a government policy and therefore sovereign risk issue. I'm wondering if you perhaps can't really own a company in China, and therefore don't really have access to the company's future cash flows.
 
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