If they put in the substantial holder notice and the director's interest notice with numbers that tally with the share register they may be re-listed and may pay a decent dividend in a couple of months.
With all that cash and profitability and JV factory ownership they are worth much more than 12c
If the numbers are what we have been led to believe they are the the Founder who has sold more than 60m shares for less than 4 cents must be senile.
The distributors who would have to know the business well supposedly paid 21C a share.
ACA who one would have to presume did their due diligence well paid an average of 17c a share
These prices are well supported by the nett asset backing and profitability.
With the knowledge that the MD and his Father are handling their share disposal disclosures badly you would be wise to question all the numbers.
If they don't trade on it will most likely mean the cash, profitability and other assets are all imaginary and it will be worth nothing in liquidation.
Yep, hate to have to say it, Zero.
XPD Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held
