Sino Agro Food Inc (fka SIAF)

[snow]

down Dumping is a problem but the main problem the way I see it is not that shares are issued to pay debt but that they are issued for less than 5% of the book value per share. During a period of one year earnings per share and net assets per share have been more or less cut in half becuse of all the shares issued. This fact would have been exactly the same if none of those shares had been sold by those who received the shares. From a fundamental point of view the dumping of shares is of no interest.