I have not looked at SIAF in some time. I think it's a nice story & jives well with the rise of the middle class. Organic foods & aquaculture certainly should have demand in China. One thing that gives me pause with SIAF has that cult element of die hard retail support.
I couldn't keep up with the issuance/retirement of shares (all while paying a dividend) so I chose to ignore this name. I suppose I went along the lines of not investing if I can't understand it.
If they can list on Nasdaq, that's pretty impressive.
Maybe there has been (and I'm unaware) but I question why no Chinese/US PE involvement, even if only to take private.
My thoughts are likely based on prior bias/perceived knowledge that may be completely off.
Recently, it seems the more profitable route in this space is to throw any prior knowledge out the window and play the momo.
I have been ice cold recently. Chart shows it certainly can be utilized as a nice trading vehicle. Very impressive volume for an OTC name.