Ann: Announcement of buy-back - Appendix 3C-XPD.AX, page-3

Agree,

Was surprised to see the price go to .13c then to .145c in a day! At $60m MC we are at only 5 times P/E and this company is set up nicely with 2 new factories coming on line, Winter Olympics planning in train for 2022 and their Soccer gear is growing at 20%p.a. at a consistent 34%GM.

So far they have been true to their word and delivering so I see no reason to doubt this is a really good company looking to build within the massive Chinese growth markets!

Also remeber they valued XPD at 21c recently for the distributor buy in, so I wouldn't be surprised to see them buying up to that value, otherwise it would seem a false claim for the distributors...