Sino Agro Food Inc (fka SIAF)

[ks1977]

I'm pretty sure there won't be any TRW-trades close to 3,41 usd on the "trading website" for a while

I agree. Although most of us who bought before the ex date wants to keep (most of) our TRW-shares till the listing (and hence a limited supply), it seems to me that it is purely SIAF-shareholders that will be able to trade on the "TRW-exchange" and therefore an even more limited demand.

Also, those who only wanted the TRW-shares could have gotten them cheaper (than $3.4) by buying SIAF-shares, so it doesn't make much sense to buy them for $3.4 now instead of buying $3.4 worth of SIAF-shares (i.e close to 10 shares) and getting the TRW-shares from the distribution and the SIAF-shares for free ($3.4 in SIAF gives ca 10 SIAF-shares and hence 3.7 TRW-shares).

Once we get closer to listing things might change, but I don't expect the TRW-shares to be trading anywhere close to the $3.4 this year (maybe we'll see $1 since that means that those who sell the TRW-shares has recovered the cost of the SIAF-shares)