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treit2002

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treit2002

Re: Florinda post# 5805

Friday, 04/29/2011 9:43:22 AM

Friday, April 29, 2011 9:43:22 AM

Post# of 163719


The 20/70 was actually the ratio of outstanding shares of SIAF to FISHCO. Figure SIAF at about 70M, and in my example FISHCO has 20M.

If a larger percentage of shares were issued to the Hong Kong exchange, it wouldn't make much difference to SIAF shareholders, in that they'd get more newly issued spun out shares, offset by less appreciation in the parent.
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