Sino Agro Food Inc (fka SIAF)

[snow]

Could somebody answer my question?


Seems like quite a lot of payments to be made for acquiring stakes in subsidiaries.

At least $30 million to be paid this year and probably more."

30 million dollars at 50 cents per share Equals 60 million shares. SIAF generated 94 million in dollars last year withhout increasing its sitakes in those subsidiaries to the tune of 30 million dollars. Would it not have created much higher earnings per share to have kept the sharecount at 90 million without increasing the above stakes in subsidiaries?