Replies to post #29480 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

Because the debt is 5 months old when he issues stock.

So if he signs a deal now, then the 3-month VWAP of today will be used to determine the price. And the stock will be issued 4 or 5 months from now (unless he decides to pay with cash) and the shares will hit the market 6 months from now.