I just don't see this thing with share buybacks and dividends happen any time soon when they still are issuing shares and raising the authorized O/S. We are sitting ducks here right now. And the only man who can do anything about it, well his history tells is a lot. Will he listen to his shareholders for the first time ever?
I agree with Challe, this stock will get hit as soon as the TRW ex date is in the past. And again sitting with a share that no one knows what will happen with or can trade with for several years won't help siafs share price.
How many listings have been successful or loans or bonds in the past.
This stock is high risk for sure, we might never get anything else than dilution and If that happens the loan holders will put them in bankruptcy, whatever they make a ton of money or not.
We need guidance for several years, a solid plan both operational and financial, and a plan of when we actually can see the money since that's the most important thing in this stock. We need to know what their next move will be. Just raising the A/O/S from 27 to 50M and be quiet about it will not help. I know they can't talk about mergers and things like that but just raising it and wait and see isn't the right tactics either.
We just got 3 M shares more in the float lately(institutions have been selling), it will for sure not take a lot of shares to bring siaf down below 2 from here.