Replies to post #147225 on Sino Agro Food Inc (fka SIAF)

[snow]

andrewflying "Solomon told me that the company did not get a single penny from the shareholders when I called him last time and asked him about printing shares."
From one point of view that is correct. There has been no rights issue. The point is that shareholders lose part of their real stake in SIAF when it sells shares for less than net asset value per share. The company gets its money indirectly from new shareholders when the shares the company issues are sold into the market by others than SIAF.

[MikeD2020]

Lol

It’s best you don’t rely on any statement from the ceo as a source of credible information