Well, i think we need to seriously think about an EGM with motion to:
Pay a special 3 cents dividend (now, i don’t think any sane shareholders would say no to receiving a dividend)
Implement a share buy back (again, no sane shareholders would vote no against this proposal)
Elect an independent director who will be in charge of implenting the 2 motions above.
Total outstanding shares is 433 mil, father & son control only 150 mil.
That leave 283 mil shares, these holders will never say no to receiving a dividend and buy back.
If the independent directors find that monies is missing from bank account. Then an investigation will need to be initiate
We need a mandarin speaking Australian Chinese who know who to operate in china and is willing to travel to china, and able to converse with chinese police and investigator.. an independent director, who will act on our interest.? Who is willing to step forward?
XPD Price at posting:
3.3¢ Sentiment: None Disclosure: Held