XPD 0.00% 1.3¢ xpd soccer gear group limited

Ann: Annual Report to shareholders, page-8

  1. VYR
    4,506 Posts.
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    From the original owners perspective there is a lot more to gain from a high share price than can be gained by dudding the company through shady deals and rip offs which smash the share price.

    After all the original owners own 80% of the company, the distributors own 10% and we punters own a paltry 10% so they would effectively be dudding themselves for the most part.

    The big advantage for them in listing would be the conversion of a Chinese Yuan locked in China asset into, a freely traded outside of china, $au asset.

    Which leads me to the conclusion that they have a strong motive to achieve a strong share price.
 
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Currently unlisted public company.

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