Sino Agro Food Inc (fka SIAF)

[slyestjester]

Snow--You're right, at a PE of less than one, there is dilution in the first year, but if the sale is just a little below one, it is still accretive in the second year and thereafter.

I know Solomon issued them close to a PE of 1; it would be interesting to know what the real, weighted average figure is for 2012.