His position is the direction of the stock price on that given day, don't you know this by now? Even redbull just sold half his position today after saying yesterday he thinks its' going to the 50's and should be buying more etc etc. I agree Garrett should help Solomon in any way to close the Tri-way loan, though I don't know if he has the time, or if Solomon would even be open for help, or if he even needs it since we have no idea how close he is. I think they did a good job not dangling a carrot on the CC with the timeline and simply gave one of the reasons for it taking so long as well as the fact that they continue to remain confident particularly based on constructive loan feedback etc. They also made the comment below:
"If and when successful, the loan will help Sino Agro’s cash flow in two ways: Tri-way will accelerate development of AF 4 and 5, boosting CA revenue and profits and Tri-way will be able to pay back certain debts owed to SIAF."
I don't know if/why there is this unspoken agreement (purely speculative guess) to not repay back certain debts owed to SIAF until the loan is closed but I think it is ridiculous. Perhaps shareholders can push management to start collecting on these debts owed to us.
At least the cash dividend announcement has so far provided a bottom because of the significant yield at these prices.
