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Re: viking86 post# 30091

Sunday, 02/17/2013 1:18:20 PM

Sunday, February 17, 2013 1:18:20 PM

Post# of 163719
The whole JV will be spun out; it's just a question of how many shares are sold in an IPO, and how many are retained by the existing JV/SIAF/shareholders.

So the more shares (%) they sell in the Asian exchange offering, the better, as far as I'm concerned, because that means more cash for the company and more cash for the shareholders.

Where did the idea of FF1 being spun out come from? SJAP makes waaay more sense, and would command a far, far better valuation.

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