True. As long as Solomon doesn't decide to keep all the cash-flow from the carve out, then SIAF can announce a cash dividend as soon as they know the results and when the cash-flow will happen.
I wish they would take more of an effort to communicate though. Freely after Dan's (?) statement from last Q; in SIAF's case, no stone will remain un-thrown. That is true, and the management needs to adress it; if she share-price is unfair to SIAF, i.e treating SIAF different than other companies, then SIAF has to act differently.
For instance; SAGA just announced a major cash dividend (50% of it's shareholder's equity) and they had an extraordinary meeting on july 4th that approved the cash dividend. However, there is no news about the ex. date or payment date. From my understanding however, in Norway they have to wait 6 weeks so that potential creditors may forward their claims, so the ex date might not be announced until that deadline has passed. In SAGA's case this is not a major problem, i.e the stock price hasn't spiralled downwards, because the market trusts SAGA. If it had been SIAF and not SAGA then I think the stock would have started to spiral downwards because of the mitrust from the market, and I'm afraid the management would not communicate with the market the reason of the "delay". I don't think Solomon understands how strongly the market distrusts SIAF, and therefor he doesn't act correspondingly :(
