Replies to post #141534 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

For most shareholders they sold just because they were sick of it going down.

Maggots. Most (pseudo) shareholders have already wrapped their minds around the share price. They try to sell for 0.37 and buy it back for 0.34.

[RealDutch]

August, we'll probably get an X-date for the Tri-way distribution

Probably not. Best case, they will announce the Record Date.

http://groupssa.com/dividenddatefaq.html

Why doesn't the company announce the ex-dividend date?
A: Some companies do, though most don't. That's because it is the stock exchange, not the company, that determines
the ex-date.

Also very relevant

Do all dividends follow the same rules?
A: No. Dividends amounting to less than 25% of a company's
stock price follow normal dividend rules while dividends of
25% or more of a stock's price follow a different set of rules.

Dividends of 25% or More of a
Company's Stock Price

Cash dividends of 25% or more of a company's stock price represent a fraction of one percent of all dividends paid and are handled quite differently from normal dividends. There are some similarities, however. Like normal dividends, unusually large dividends have a declaration date, a record date, an ex-dividend date and a payment date. Also, like normal dividends, the ex-dividend date for a dividend of 25% or more of a company's stock price is set by the exchange, not the company. Here's the big (and confusing) difference: While the ex-dividend date is indeed set by the exchange, it occurs not before the record date, but after. In fact, the ex-dividend date is not even before the payment date! By rule, the ex-dividend date is one business day after the payment date. (In such cases the term deferred ex-date applies.)