Yes market is efficient. There's only handful of people here believing their assets and businesses. Market has been efficient, market has been right, share price been coming down and at the same Siaf has revealed it's true colors. No megafarm, no megaloan, no trw cash dividend, no trw stock dividend, dilution getting heavier...
Just delays and excuses.
Market has REACTED and PREDICTED what is happening in the real world.
1 Dilution means deeply negative EPS.
1 Dilution at 98,5% discount to the assets value means assets are not real.
1 + 1 = 2 and two is the share market price.
It is going further down because they still fail and still dilute. There is absolutely no basis to assume "the fundamentals" are what they claim.
Comparing to yahoo or full heated market situations is just absurd.
Siaf fails and dilutes and is not believable at all. To the trained eye it looks completely worthless.