"Despite this strong foundation and business prospects, our...

"Despite this strong foundation and business prospects, our market valuation continues to trade well below what we believe is fair value. Recently, the Board initiated and completed an internal analysis to determine our approximate view of fair value. The value gap is significant. We believe this gap is a consequence of being a small, mature, illiquid, sub-scale, publicly traded company in Australia with primary operations in Canada and the US."

How about your earnings have fallen significantly and on the last half dozen forecasts you have over promised and under delivered. Maybe that has something to do with the market sentiment.