You dont need to sell a lot of shares to lower the price when no one wants to buy.
There are so many conspiracy theories here one could think that house of cards was based om siaf.
Maybe they are just working hard with the daily operations.
I dont know yap, never met him, only heard him speak once (last cc). Yes he gave a stupid answer as to why he cant buy shares. Its no indication of his abilities to negotiate the loan. Maybe he is useless maybe he is a genious?! We dont know what is holding up he loan, maybe its connected to the separation of the aqua business. Why dont you ask on the next CC?!
Usually the board of directors are not that much involved in everyday operations.
What we know is that the valuation is extremely low, i think Q3 is similar to Q2. They are not diluting anymore, they are working on spinoffs, they just hired kcsa who according to another post are highly involved, ostrowski seems like a great catch - why is he still onboard if he didnt believe in the company? He has been working with solomon for 1.5 years.
Most of us think the BOD were greedy awarding themselves with free shares. But its only worth anything in the end if they create shareholder value. Otherwise the shares are worthless.
