Well, not necessarily a scam - they can spin of Tri-Way because the numbers for SIAF is floated (and still give us a decent return on investment). Hence, as you put it, being a scam is a very large grey area.
I agree with you - stay away from the stock if you think it's a scam. I did make up my own mind and decided to invest, but the "it's too good to be true" haunted me a bit so that I kept my investments somewhat low (10% of my investments). I then continued to research SIAF and found good historical reasons to why the stock price was to low, but D'Alessandro's 5% was the "drop that made the bowl spill".
I might have to do some rethinking if turns out that the massive sales during the past months is D'Alessandro dumping his shares (i.e loosing faith in the company and taking a heavy loss), but if D'Alessandro sells out to take profits AFTER a successful listing of Tri-Way I don't think I would care - by then SIAF would have proven, once and for all, that the "it's too good to be true" doesn't apply (just like Frontline, Bakkafrost and SR-Bank - sometimes things that seems to good to be true, actually are true). After all; at the estimated valuation of Tri-Way SIAF would still retain values in Tri-Way exceeding the current stock price.
Yes, I too would love to see a decent return on my investment tomorrow, but SIAF works a bit different (and, in my opinion, is the main reason to why the stock price is so low). I will probably be frustrated and annoyed if there is no short term return on investment, i.e if there is no cash dividend if the listing fails, but the main return from SIAF is in the long term.
