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Nakkikone

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Nakkikone

Re: RealDutch post# 125661

Saturday, 12/09/2017 11:07:06 AM

Saturday, December 09, 2017 11:07:06 AM

Post# of 163722
I've understood CA receivables (according to q3 report, pg 18) was in any case meant to settled by Tri-way shares and/or cash. I've not read SIAF have any other deposits made to proceed with 12,7% Tri-way acquisition?

If 75% of the CA receivables is now settled, 25% is still unsettled, right? Around 10 million or so. So could you explain how SIAF ends up paying extra 30,5 million? I need a walking stick...

I have a hunch SIAF ended up to inject cash to Tri-way in part of the acquisition of Tri-way's 12,7% share. That explains why 25% of CA receivables was left unpaid and not converted to Tri-way shares.
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