$5+ Fair value?, page-5

http://asic.gov.au/for-business/running-a-company/company-shareholders/

If you control 75% stake, you can do hostile takeover as you effectively control the votes for the special resolution.

If fair value is $5.30 (which takes into account the risks and recent losses; and enough cash in the bank), the any takeover should at least be 30% on top of $5.30 which gives $6.90

As we approach profitability; the fair value will increase for sure as more and more positive numbers are calculated into the cashflow.

Only 3 months left will Canada market opens up! It looks like it's on track as big companies are jostling to take out smaller companies via M&A