Ann: Market Update, page-44

This sp started tanking when they announced a buyback scheme, and then a few weeks later, cancelled it. Supposedly because the Chinese govt put a stop on funds flowing out of China.
Shortly after this fiasco, a dividend was announced, and again subsequently cancelled.
These two events really shook people's confidence in this company's ability to get funds out of China and into Australia.
Until we see a dividend both announced AND paid, I suspect this sp will continue to languish.