Sino Agro Food Inc (fka SIAF)

[ks1977]

The 100-day is now flat

I have virtually no knowledge of TA, but Merkur were very close to the arithmetic MA100 intraday today and ended not too far below the weighted MA100. Last wednesday Merkur closed 1 øre (i.e 0.1 cent) below the arithmetic MA100 and 24øre above the weighted MA100.

For OTC we closed 0.00505 cents below the weighted MA100 (and another 3 cents below the artithmetic one). OTC haven't been so close to the MA100 in ages (november last year?).

It is obvious that the cash dividend policy has made a difference. Unless we have heavy dilution going forward, or there is some major mess-up or delay with the TRW-distribution and/or the cash dividend, then we should break through the MA soon - even without hitting any trigger. The anticipation of the CC alone might bring us above the MA.

Which of the MA100s is the important one btw? (and 100 is the one to watch, no?)