Sino Agro Food Inc (fka SIAF)

[viking86]

You are probably quite right. They sure must have known the final terms of the transfer agreement at least about a week before that Nov15 date and it seems very likely to me that the high trading volumes of the week Nov 8-Nov18 may have been due to them shorting the stock to take advantage of the 0.6-0.67 prices while the going was good. Actually the daily average of those 7 days (=574k/day) was about 3x as high as that of the preceeding week (Nov1-Nov8= 180k/day)

Nov 18 646,600 0.58
Nov 17 405,200 0.59
Nov 16 359,500 0.53
Nov 15 419,300 0.59
Nov 14 57,000 0.62
Nov 11 389,600 0.67
Nov 10 580,500 0.67
Nov 9 290,800 0.63
Nov 8 869,100 0.67

If the difference in daily trading average volume of 574k-180k=394k/day was really due to them, then they may have shorted about 2.76m shares in those Nov8-Nov18 days at an avg price of about 0.63/sh. Now they can merrily cover those shares at sub 0.40/sh ??? Rinse repeat until Mar 01 ...

If I were them, I would probably have done it too.