The China Hustle.

The XPD share price crashes because someone watches an old movie and dumps their shares.

Does the record show that that person is an objective researcher?

The movie is about a reverse takeover scam where chinese criminals gained listing on the American Exchange through the back door without any of the checks and balances associated with an IPO. They got away with it because there were no checks and balances and the American Brokers were able to make a killing.

Is there any comparison to a company that jumps through the hoops to gain admission to the ASX by way of an IPO, definitely not.

The businesses associated with those scam arrangements by and large didn't exist. Contrary to that there has been at least one honourable director on the board of XPD who have told us that the XPD factory is real and the business appears to be what it is reported to be. The auditors might not be able to check everything but they would surely know if there was nothing there.