"Due to the difficulties and uncertainties of the funds transferrability we are not in a position to pay a dividend at this point in time"
No dividend. This is going to hurt the share price.
The Aussie directors confirm, the factory exists and is operating. This is very positive.
On Henan Yuanlong "we also believe that independent valuation will support and perhaps increase the valuation of the property" this is another positive development.
Can someone ask, if they can declare the dividend now. Then pay it whenever they can transfer the money ?
Ann: Chairman's Address to Shareholders, page-2
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