I agree with most of the things you wrote except the 1 dollar floor, there’s been plenty of first north stocks giving out more than 15-20% on a yearly basis, however after a year or two these tend to go up.
In Siafs case there will always be a lot of uncertainty while Solly are running the show. I don’t expect Siaf to have a floor higher than 50 cent during the first year if they would give out around 10-12 cents on a yearly basis. The market will wanna know that they will keep doing the right decisions for the next year and the year after that, who knows what will happen in the future with this guy, he might have to dilute again after over investing in something that goes sideways.
There may of course be other triggers that could push the share price up, loans, growth, contracts, Solomon’s retirement etc.
