Replies to post #46402 on Sino Agro Food Inc (fka SIAF)

[viking86]

gotcha. We need min $3 pps, so a r/s of at least 6 at current level.

[EagleCheck]

$3 is what they aim for according to what I heard at my meetings with management.

[Traderfan]

Lucky, regarding the listing requirements

Also, let me mention, when it comes to the minimum PPS. If you are attempting to qualify under the Market Value standard of the Capital Market tier, your closing price will need to be above $2/share for "90-consecutive" trading sessions.

In the link below they also speak about a 2 buck possibility with just 5 consecutive trading days, not 90. Everything that is mentioned would apply to SIAF. You think they are wrong about that 5 day minimum only?

http://www.lexisnexis.com/legalnewsroom/securities/b/securities/archive/2012/04/27/new-nasdaq-2-3-initial-price-listing-standards.aspx