Traderfan " I remember we got huge dilution apparently for the Abbatoir stuff and what exactly came out of it? Didn't we recently basically give that away or it's dead anyway? I personally think Solomon and the company financed and supported a lot of people in China over the years on the back of shareholders." I think this is quite a precise description of what has happened. The intention was not for the abattoir to handle imported carcasses. It has been a failure from the beginning and a disaster for the shareholders of SIAF. It is not strange that Chinese politicians are very happy about the way SIAF has contributed in their local communities, partly financed by non-Chinese shareholders.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.