fwb My question about currency was meant to lock his promise so that he could not make an excuse ("oh, I meant $, not NOK").
With terms of tossing numbers I have no expectations that the PPS will be even remotely close to $17 any time soon (maybe "soon" after the TRW-listing if you include the value of the TRW-shares that have been distributed, TRW is able to grow and get a nice PE on HKSE, AND we also have financing for TRW and/or SIAF this year)
Not sure when "in the next few weeks" is (in terms of the 10-Q Q2/18), but assuming moderate dilution we should see a PPS above $1 shortly after we get a record-date and/or an exact number of TRW-shares pr SIAF-share for the first distribution. This might be by the end of September (if "next few weeks" is 3-5, or if they commit on it in the CC - but that might not be enough, cfr CC Q1/17...) or mid-October (if they hold the AGM and make it offical then).
If they don't mess things up, then we should never go below $1 again - even after they have distributed both batches of TRW-shares. Post-distribution we will still have the (min) 10cents/year and - equally, or maybe even more important - rebuilt some credibility to which a 10% yield should be generous (assuming very modest dilution and not non-existing EPS)
AI
