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RealDutch

06/04/16 2:08 PM

#104599 RE: challe08 #104598

Well you can't have it all. Suppose they sell that 25% for $150M. $25M will be paid as a dividend. And with the other $125M they acquire a 75% stake in the MF. I think they will take it. There has to be something in it for the Norwegian investors as well (which may also be a requirement for getting a listing on the highest tier).

And then, that value should be reflected in SIAF shares as well (given some time) as the MF matures. That's how you get to a market cap of $2B to $3B that Solomon was talking about.

I don't know what they will do with the SJAP money. I think they will use most of it for the canning division. And then, no doubt, Solomon will be taking another look at those restaurants.