Personally would not mind bailing if shareprice does creep up...

Personally would not mind bailing if shareprice does creep up but very hard to determine true value of company if takeover succeeds. My report shows 538m shares on issue (as perthe 20th Jan announcement) and therrfore indicative market cap of:
2c = 10.7 mil
4c = 21.4 mil
6c = 32.2 mil

I am struggling to find any information on the financials of gridcomm, current revenue or any other solid information you can base some TA on. However from recent experience I am not seeing many company float with a Market Cap less than around 15 - 25 mill...so maybe 5 cents is not unreasonable...

Any other constructive thoughts would be great.