I just re-read XPD's "Chairman's Address to Shareholders""The...

I just re-read XPD's "Chairman's Address to Shareholders"
"The transferability of funds is an issue that appears to have changed in December of 2016 ....". That is “China's new restrictions on outbound investments and remittance" at that time. "it is a significant change to the Company’s business model after the ASX accepted the Company onto the Stock Exchange"

Problems for Aussie shareholders of XPD (and other Chinese Stocks listed in ASX) began since then.
By Dec 2016, XPD's sp is about ~10c. XPD's cash by Dec 2016 is $43m.
XPD's sp has been falling down, from 10c to 2c now.

Now, the law is about to change, lifting the restriction of transferring funds to Australia. XPD's 'business model' for Aussie shareholders is restored back. XPD's current cash is $49m. So, XPD's sp should be back to 10c at least.

Note that, the drafted law is proposed by China Standing Committee. It will be passed by China National People’s Congress by March. Only about 1 month from now, not long.