We won't need it. And they don't have the money now. We will get a rally after they announce the ex-date. But 25% is a whole lot more effective than 50%. So you get two rounds, and another one from SJAP next year. Plus $50M pre-IPO money for Triway. That should get us going. At least maintain a share price in the $7 to $10 range, on top of the free dividend shares.
Sure thing. I would love to see the reaction of US investors with a NYSE listing in the US for SIAF.
I think so. They alrady have. It's awful out there now. CCCL having to issue a somewhat toxic note for $600,000 just so they can pay the bills in the US. With $102M in account receivables! SPU recently had to issue stock with a 50% discount. The stock dropped 47% in one day, And GURE saying they can't get any money out of China to pay dividends despite having a mountain of cash. It's bad enough already for the sector, and now this... Utterly destroying the last bit of remaining confidence. I already sent CCCL an email saying they should blow this wide open, preferably, shame the China policy makers. Also, I told Peter that this may be the reason why SIAF dropped to $3. How many people know that Capital Award is NOT a Chinese entity?
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