personally, i don't think they get listed just to deliberately defraud aussie shareholders..
As part of their personal loan. They could have taken the loan out at 10 cents per share, but didn't took out the loan until 4 cents.. if they were intending to be fraudulent, why not take out the cash at 10 cents, but wait till 4 cents and 3 cents ? just does not make any sense.
this timing tells me, they (the father) urgently require cash at the worst possible time.. could it be to repay an unexpected casino junket loan ??
XPD Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
