Net Loss per Share

3 Months Ended

Dec. 31, 2012

Net Loss per Share [Text Block]

14 Net Loss per Share

Basic net loss per share is based on the net loss for the three months ended December 31, 2012 attributable to equity shareholders of $28,165,749 (2011: $1,819,754) and the weighted average number of shares of common stock of 12,619,597 during the three months ended December 31, 2012 (2011: 12,619,049).

For the three months ended December 31, 2012, the outstanding 791,671 stock options and outstanding 35,000 restricted stock were anti-dilutive and excluded from the calculation of diluted net loss per share.

For the three months ended December 31, 2011, the outstanding 828,631 stock options and outstanding 60,000 restricted stock were anti-dilutive and excluded from the calculation of diluted net loss per share.