I came to say that the numbers look good as does that release.
Only issue is, if you invest in a Chinese company, make sure the money is kept in Australia
XPD Share Buy Back Scheme
In September 2016, XPD announced to the market that it planned a Share Buy Back scheme. Following the announcement, XPD completed the required notification forms to ASX and ASIC. Furthermore XPD opened a Broker account to enable Share Buy Back transactions to be executed. The final step was to apply to People’s Bank of China for XPD funds to be transferred from China to Australia to settle trades under the Share Buy Back scheme. XPD still awaits a response from PBOC to this funds transfer application. XPD is unable to advise the market precisely when approval will be granted and funds will be transferred.
XPD Price at posting:
13.0¢ Sentiment: None Disclosure: Not Held