The Swede market can only be good, because it is on top of OTCBB, not in place of. How good?
Guess we'll find out.
But it could be very good indeed, as there is no Chicom stain there, and SIAF will be the only Chinese Ag company listed, having just passed in country regulatory approval. We already know that it has and will get fund interest.
And I'm sure that SIAF will show among the best, more probably the best growth profile of any FN listing.
It is unquestionably a good move, with zero downside. It also positions the company for a bond offering or private placement, perhaps of some hybrid nature.
My hope is that SIAF pre-announces a preliminary 2012 FY earnings range of $.65 - $.73 before the listing, and gets a p/e multiple of 1.5 within a short time (o start).
