That's probably why they use the $3.40/share from 2016. Since that time TRW's debt to SIAF has gone up but they also added assets which are not included in the $3.40 valuation.
We'll see. We'll probably get an announcement from SIAF before Oct 31 explaining things a bit. Possibly we get the ex-date from FINRA before Oct 31 as well. But that's not a guarantee as I said before. It could come as late as Nov 13.