Replies to post #17883 on China Growth Stocks

[ratobranco]

I agree with you that they can pay a moderate dividend and not jeopardize the health of the company. I just think the primary motivation for the dividend is to help with the uplisting efforts, so I don't think it will be that big (which is good--too big may actually detract from growth).

I haven't verified that the insiders are salaried, but I can't see how they wouldn't be. Insiders are those employed in the company (CEO and down), it would be somewhat weird if they weren't getting paid.

[thedivot]

SIAF - they may want to uplist but with only 3% of the float (about 1.6M) not in insider's hands and the price being under $1, they may not qualify for the minimum hurdles for NASDAQ or AMEX. There are different options for uplisting but beyond just the minimum share price requirement ($2, $3 or $4), most require a minimum no. of shares in the public float and minimum no. of shareholders. If they do a reverse split to get the price up, they may not have enough shares to uplist. I don't know all the regulations but they may have to do some fancy financial/share structure changes to qualify and that may not be good for us.