Sino Agro Food Inc (fka SIAF)

[Mark-J]

Of course they would if they could. The assets been proven fake by the fact that they have not sold anything. Totally incompatible scattered assets, of course selling would be better than diluting at 1,5% of the books. Selling 10% of the assets at 50% discount would get them cash 3-times the whole company market value. The whole idea is so off the charts as a result yet they don't do anything. Combine with the dilution at 1,5% of the books = case closed, assets have been proven fake.

Maybe they should just sell all assets for book value and give the proceeds to the shareholders and shut down SIAF.

Since most of the SIAF subsidiaries are in order now it might be possible.

To receive $10 now (or what it will be, 0.02 P/B according to Yahoo) per share might be better than to wait and see what current and future management will do with the company.