Handlamera,
Thanks for your kind words. Of course, I'm in the red for years in SIAF, and also don't feel comfortable giving advice, especially buy or sell points.
That said, and having been on the investor tour, I believe that Solomon is steadfast in his determination, and does care about his shareholders. I think that the excessive share issuance up to now was probably somewhat unavoidable, at least unanticipated. All it really would take is an HU and/or other cash shortfall while obligations came due.
The danger going forward for shareholders is that lessons have not been learned, that 30% dilution at any p/e will continue, maybe even beyond 2013. If so, I would expect little from the company shares.
Even so, I think the risk reward profile has never been better. I have much more confidence with the new board members, who figure to promote financing alternatives, and the FN listing we see in progress. I think the listing itself should insulate the company from shorts and from such remarkably low valuation metrics; therefore, I see any significant downside from here -- if there is any -- as short lived, as this tranche or another tranche of shares is sold.
The flip side is a an announcement that equity issuance is over, which would be multiples better on the upside, imo.
