The company may still something valuable to sell, although generally it's very bad at the moment. Here is something I just read about on ABC.net.au;
ABC Radio National Transcripts:
The Business Report (Friday, 17th May 1996): Trading with China; and banks' half-year financial reports: "And the Australian companies which have gone in there, and done it properly, like BHP, Foster's, CSR, Nylex, they've all in fact done very very well. In fact, Foster's are now selling Shanghai beer back here in Australia, so it's a reverse situation."
NLX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held