Pivotal week

Per XPD's last announcement, they have been given by the ASX until the end of this week to sort out their mess. One can only hope that, with the assistance of a law firm that should know its way around listing rules, we may finally get some positive movement on what is a very long list of non-compliance issues.

They still also have the tricky issue of getting the board sorted with appointment of a new local director to replace Wayne Reid. Most ASX experienced directors would not touch this for the pittance in fees on offer - just buying into a mess that would be time consuming with lots of potential for professional downside.

Clock is ticking....and I am not hopeful....