The main issue that I see is that this company has a credibility...

The main issue that I see is that this company has a credibility problem, and the taint of past China company scandals may have brushed off on it. You can bang on about how good the fundamentals are on hotcopper but people won't invest unless they trust the company. The average Aussie investor can't walk into their stores and see how business is going. The company had the opportunity to really boost its credibility by paying a decent dividend , but they didn't and haven't explained why. Perhaps in future commentary they will give an indication of a final dividend.