We can all agree that a strategic asset sale to eliminate some share issuance would be VERY welcome. I suspect it's not that simple, though I don't see why.
$75M for HU is pure lunacy: 3x NTA is a value simply not received for very small Chinese assets, let alone in cash. And SIAF owns only 75% or 78% of the HU plantation.
But if I'm wrong, and a simple ad on Craig's list for "rich Chinese businessman wanted" gets you $75M, they might as well just get $1 Billion for the whole company, which has far greater prorated growth ahead.
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