This company does not currently have much money left, in its bank account. Most of the capital have been paid out as subrogation money.. However, in exchange. The company hold charge against client assets. Which they will liquidate in due course.. getting their money back.
As for transferring fund from china to aus, that another matter altogether.
They are not allow to transfer money out, because they are involve in court cases with the big banks.. also, they don’t currently have any spare cash available..
Revisit this company in 1-2 years time, after they liquidate their client’s assets.
DXF Price at posting:
5.0¢ Sentiment: None Disclosure: Held
