a couple months back, i emailed the company suggesting they should setup an online distribution business here in oz.
shoes get shipped from china to australia, whatever revenue in australia is keep here in oz for shares buy back, and other businesses, that way they can circumvent the money transfer rule. owners have monies kept outside of china. just in case, owners are taiwanese, and resident of macau he’s not mainland chinese.
what’s more if some money is kept here in oz, shareholders would feel more comfortable holding the shares.
perhaps they’re taking my advice
XPD Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held