Replies to post #138995 on Sino Agro Food Inc (fka SIAF)

[nefariouswu]

Shows book value of over $24 per share. Don't know whether to laugh or cry.

[ks1977]

It should be noted that the pace and duration of some of the adverse market conditions required immediate action be taken by the Company could not be fully anticipated. Hence, a consequential cash shortfall had ensued requiring an issuance of shares to cover some of the ordinary operational expenses that typically would have been covered through ordinary cash-flow levels in the past.

This is what they're going to fuck-us, sorry, focus on in the CC - why they diluted the crap out of us ALSO in 2018 (there's your answer, RD) at 2% of book.