Thursday, November 08, 2018 10:10:53 AM
Somehow, I suspect most did not budge
Maybe some of the new shareholders sold, but I assume most of the longtimers held on to most of their shares. Sure the delays in the TRW-distribution was a major blow underneath the belt, but if you believe in SIAF then there wasn't really any reason to sell (except to buy back at a lower PPS - cfr negative posts from a certain trader *cough*).
If they don't deliver on the cash dividend in the Q3-report, then we might be screwed, but if they give us that ex date then there shouldn't be any reason to sell today. Unfortunately the issue with the TRW-distribution destroyed whatever credibility Solomon had built, so the effect on the cash dividend (once we have the ex date) will probably have an even more reduced effect now than before
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