ks
"owever, IF collateral shares have been sold then SIAF MUST have known (or, at the very least, acted so reckless that it doesn't matter whether they knew or not), yet they gave us the impression that they were not (first that it wouldn't make sense, later that shares had been returned every time). To me that is fraudulent - IF they are sold."
I don't agree. SIAF MUST not necessarily have known if collateral shares have been sold the way I see it. We have too little knowledge to know. The people who have received the collateral shares may not have respected the terms, whch is hardly very reckless on the part of SIAF. But it is possibe that the terms have not been as clear as desirable which is the responsibiity of SIAF if that is the case. It is of course totally unacceptable if SIAF has given the market desinformation about the collateral shares that management knew was misleading.