Sino Agro Food Inc (fka SIAF)

[Trip-Fontaine]

snow/ks

One interesting thing about the collateral shares though is WHEN they started to sell (if they are sold). It seems that they might not have sold straight away, but waited till the PPS had declined quite a bit. Why?

As I said 100 times before: my obvious guess is that when the share price hits a certain level the lenders are entitled to sell the collateral shares, just like any other deal when you take a loan with your shares as a security.


And of course management knows about this limit, they wants to know if or when millions of shares can hit the market. Its kind of important information.