The 2 new directors are new to CEO and are starting to build trust as jiameng is very suspicious of everyone currently. This will take time but will improve if we get relisted, as this is what Jiameng wants and everyone is a winner. There is bound to be someone trying to get out of this company once we are re listed but it will create a great opportunity for those late comers as this company is full of cash and next major company event is to distribute dividend to the shareholders. So the main obstacle to get through is ASX now.
Let’s see what the next financial report brings too. It will help to clarify a few things that ASX is looking for
XPD Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held