You can't sell your Triway stock dividend until we get a listing in HK.
I'm targeting 7,000 SIAF shares on the ex-date. Which will give me roughly 5,800 Triway dividend shares. They will be worth 5,800 x $3.50 = $20,300.
I expect SIAF to drop to $5 from $7 on the ex-date.
The thing is, I may run into some cash flow problems later this year. So I may have to put up those dividend shares as collateral for a (friendly) loan. Until we get he HK listing. Also, I may have to sell up to half of my SIAF shares, which isn't really a problem as long as I get at least $5 for them.
As for the stock performance of SIAF post spin-off, I think we are dependent on the progress they make with the SJAP carve-out. And pre-IPO financing. The stock could be dead in the water for up to 6 months.
None of this matters much if HERB shows us the money. We can buy as many SIAF shares as we want. That would probably solve all of my problems.
So I think that's the plan for now, for me.
If HERB doesn't show us the money, say, by late May, I may have to go all-in on SIAF.
If SIAF doesn't rally to $7 in the coming months.... well then I can get the shares cheap.
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