The recent issues which have troubled XPD have been mainly corporate governance and ASX compliance related..
Is the filing delay due finalising accurate financial accounts and getting auditors to sign off? There could be a number of reasons for the delay. Shareholders become suspicious
The shareholders should be given a more detailed explanation rather than a vague statement that the accounts will be completed in April.
A share buy back would make sense...
XPD Price at posting:
3.3¢ Sentiment: None Disclosure: Held