Replies to post #30569 on Sino Agro Food Inc (fka SIAF)

[Traderfan]

Pretty interesting, because the release really just confirmed what was already known about the FN listing, not even really expediting timing from any published expectations. Beyond that, simply said that a prospectus (known) and an update would be forthcoming (new, but just announcing news coming).

Treit, thanks for agreeing with my initial reaction to the PR where people told me I should give credit where credit is due. To have this reaction to this PR is simply surprising since as you as well observed, there was nothing really new or tangible in there. We still have to wait for the DD, we still have to wait for the prospectus, we still have to wait for the decision. I'm glad that I'm not the only one who sees it like this.

Apparently as you said people thought we don't plan to list there anymore and that of course comes only from the fact that there was no update which has been our initial discussion point in the last few weeks.

[RealDutch]

The problem was that we were under the impression that the dumpers were still active and you had some retail selling making things worse. When we got the press release, the selling stopped, we had a few buyers, but more importantly it turned out that there were no dumpers. Just a lot of market makers providing the usual liquidity.

As for resistance levels, they are 0.42, 0.45 and 0.50 IMO. I don't see more than that. But I don't use conventional wisdom :-)