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Re: viking86 post# 46400

Thursday, 10/03/2013 7:10:03 PM

Thursday, October 03, 2013 7:10:03 PM

Post# of 163722

donot forget that we own only 45% of SJAP acc. to 10k. So the IPO cash available for divi is -at least legally- 45% of that amount.


As i Understood Solomon in Sthlm, he meant that 33% was our shares of the IPO meaning the total number shares IPOed would be more. And I am pretty shore there are som options for SIAF in SJAP to increase ownership but due to tax regulations they cant be exercised to ownership above 50%.
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