Ann: Board Changes, page-20

The last set of accounts was for the 6 months to June 17.  The bank balance was $50.8m as at June17 .. The company should have generated around $5m - $6m of operating cash for  2H.   This would mean a cash balance of say $55-$56m.

The EPS for 1H 17  was 1.4cents. If XPD generates a similar level of sales and NPAT  in 2h as per the 1st half   the  PE ratio will be around 1.1 x  based on the last quoted price..   

This seems to good to be true.... maybe it is.​

A dividend of 1 CPS wouldnt be unreasonable given the large cash balance and earnings.

My preference would be a share buy back if the Chinese regulations can be complied with.