"The 0,55 batch" is one more story in their line of stories. It's just dilution, their ATM. This year they have sold some 14 million shares. That's not "0,55 batch". That's something totally different than a bump in the road.
27 million shares to 41 million shares. So they have dilution sold more than 1/3 of the company in practical sense. Loan sharks need big discounts so 1/3 of Siaf, 1/3 of their "trw share", 1/3 of CA, 1/3 of their cattle and whatever businesses, 1/3 of everything has been sold for I think about 2-3 million dollars. So management knows the company is not even worth half of the current market value..
And nobody wants 1/3 of the company for that price, shares have been dumped immediately. Buyers know too. That should be a real eye opener...
