Some good posts RD. In the Swedish transcript, Solly said no more shares after q1 2014. Which fits with the last capex requirements of c15mio & allows so some to be issued as part of convertible bonds. I too think you're right, over the next 6 months, we should see a lot more sales having filtered into the balance sheet as cash and not used up for capex. So despite ongoing large AR's, we some be expecting to see more cash hopefully in q3, but definitely in q4, and q1 2014 reports. If not its dodgy.
As an aside the amount of info provided in reports, investor conferences, applications for uplisting, it all stacks up as being totally legit.
The 'dumping' as as you correctly point out financing shares hitting the market. I think that once the market gets through another 20/30mio shares that are 'old' and through 80 cents. All finance shares will have hit the market. Then its free to just move higher on little volume with nothing to stop it getting to normal levels.
I do want to see BOD market purchases, I think this is clearly out of order that its not happened. Each Director should be told to buy some shares. If not SIAF should just buy some back! No excuse for 'blackouts' about Directors dealing, the company is managing capital and acting in the best interests of shareholders retiring under valued stock. Come on Directors. What is the harm in that Mr Grossman?
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