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Re: Peace2 post# 1172

Friday, 01/15/2016 11:39:08 AM

Friday, January 15, 2016 11:39:08 AM

Post# of 9444
I think we could see as much as $2 in a few months.

Possible drivers

- dividend (not likely)
- announcement of spin-off or listing in China of new assets (probably not)
- acquisition of Angel Star plant (good chance)
- some other development (pretty good chance)

Why? Because I believe they have more than $100M in cash already due to the asset swap.

We need to break 0.50, technically. It's anyone's guess how fast it will move up. But we know it can move very fast (it has happened twice before).

0.40 is strong support.

In general, we need a few buyers and reluctant sellers.

I hope that resolves the issue.

And btw. HERB is trading at 3% of book. SIAF is 30% of book.