The shares are in a trading halt now pending the board's response to the takeover offer. I didn't sell (my order didn't get filled over the past week or so) - I sure hope they work constructively and realise the best possible price.

IMHO if the takeover is dropped then you are back down to $.77 and there is the possibility of a capital raise down the track if they can’t go cashflow positive. We are in a recessionary environment and transport is leveraged to the economy so you could be waiting for a few years before anything higher than this offer is realised.