I have not seen any evidence of any fraud or criminal acts.
The new chairman has been very quiet in updating shareholders on the recent business performance. He could be doing a better job.
The year end audited accounts will be released to the market in late February...this will validate the current position... until then there is nothing to go by.
The asx needs to put pressure on the directors to file amended filings for changes in shareholding...this had gone on way to long.
XPD Price at posting:
3.3¢ Sentiment: None Disclosure: Held