Frankly, I don't think anyone knows for sure. Personally, I think that some shares have hit the market. This in combination with the ever decreasing share price have let to that some retails have sold out.
I think it will be impossible to jump in again when news arrives. I expect 1. Tri-way financing. 2. Tri-way pays back some debt owned to Siaf. 3. Siaf to repay some loans. 4. Reduction of outstanding shares.
If Tri-way fails with financing, I think they will announce an asset sale and a plan to pay back the loans and reduce outstanding shares accordingly.