what if XPD was listed on the shanghai exchange

or the Hong Kong stock exchange. Instead of the ASX

What would it price be?

current P/E of the Shanghai stock market is 16.87

http://siblisresearch.com/data/china-shanghai-pe-cape-ratio/


current P/E of the Hang Seng is 14.67
http://siblisresearch.com/data/hang-seng-cape/

i spoke to a colleague today, he'd seen people wearing XPD boot. Not the most popular brand in china, but it is recognisable.

He was amaze when i told him, XPD is currently trading at P/E of less than 1.5 in Australia.. he wish he could transfer some cash out to oz, and scoop up the XPD shares.

he reckon, had XPD listed on a Chinese stock market, it price would have been around P/E 10x at least, base on current financial standing.

maybe XPD should delist from ASX and transfer to SSE or HKEX