Oops, pity retail shareholders...again.
This is a significant discount for 5million presumable to maintain the Directors in the lifestyles they enjoy. If their projects are working, why would they need cash? Just sell some of the product....or has this been sold-forward perhaps?
It shows that every share sold during this last year was over-valued, some at 1 were 5x what Institutions are prepared to pay after most of the risk is stripped-out... or is it?
EDIT(May2011)-Oh deary, and HAWK is now 5p - despite Oil near all-time highers. I'm guessing it is the "oil" Label that stops this chancer from drifting below the Pre-Float price of 3p (stated here by ANO).

Chaps there is already a HAWK thread so please blog on that.....there is no need to start another thread.