Pre IPO price 4p
Opening price on debut 25p
Floatation price 46p to raise 14million to extend Jolly Ranch
Current fair value estimate 114p
Market cap 70.59 million.
Value of Cisco Springs investments 98 million.
Value of Vogel investments 75 million.
Desparado trucking now Nightfox 250,000 for a 50% stake with partner Running Foxes.
Centurion Project Kansas, 150,000 for a 50% stake.
Jolly Ranch Colorado, 40,000 acres cost 356,000 for a 50% stake.
Cash in bank 7.75 million.

As this EPIC opens on AIM today anything could happen. On the one hand you have traders trying to cash in a sixfold profit. You will also have a clambering of traders after shares because, firstly they could only get 75% of their allocation because of demand. Secondly at 25p this company is still way under valued.

Justyi....this has potential....look at the updates....loads of wells being drilled...I'm convinced this will come right unless oil comes down a lot further (hope not)....bit by bit production will increase but at the moment this market is governed by sentiment.....and good stocks have suffered....some of the prices for some companies are ridiculous....but there you go that's the way it is....too much borrowing going on in this world !.

Bought a few more ,building a decent holding .

What on earth is happening to this stock....?

See what I say...it is 26p...better sell out...too shaky to hold on...will go to 10p -15p soon

Some say price being walked down to 22p.

Will have to wait and see, I am now looking for a re-entry into this one, but must be sub 25p, the price it floated at.

Nothing wrong with the company as far as I'm concerned. Its bargain time, but how much lower may it go. Who knows, you pays your money you takes your chance.

i sold my entire holding at about 98p some time ago - been waiting to buy back in - nearly there i think - major problem is that oil price sliding - even with modern technology may affect hawk - time will tell - if this drops to 20 - 25p i will buy a small holding back and sit it out - good luck all as this really is a sound company with 11M in the bank

Well Gibby...I wish that when you sold your entire holding that you would have convinced me to have waited until now.....problem is that I sold as well and made the mistake of buying back in !,......did anybody really expect oil to come right down to this level ?....I for one never thought that it would drop below $90 ever !.

By the way oil up by half a $ (as we speak) !.

i was watching the global situation on numerous fronts - and expected oil to drop but i have to say also did not expect sub $90! when i sold i kind of left hawk to it just keeping a general eye on them - when i saw them starting to slide early then the likes of ive, ser etc also for no 'obvious' good reason slipping & dropping almost daily it was obvious the market 'was not right' (even accounting for any short selling) so also sold my holdings in these at the same time - glad i did - now waiting for the right time to buy back in - just feel not quite there yet - the smaller producers will and have suffered (market jitters!) for a little while but sure will bounce back - need to step up my research now - and yep oil up & mini recovery for hawk - hope works out for you

Decided to take the plunge and bought today....at what I consider to be a gift....if it slides further I will stay put....in a year's time this will be a lot higher !.

Pre IPO price was 4p according to header is this where HAWK is heading?

This slide is ridiculous if you read through the RNS's....4p..? I hope not anyway I'm in not for the quick buck....loads and loads of wells being drilled !,....when all this starts to come on line...there will be money coming in !,....at the moment people are panicking...but nice OPEC meeting tomorrow might help...I bought now because I cannot watch the sp every minute.....so I have to go for value !.

Final results for year ended 30th June now due it will be interesting to learn how much oil/gas was produced. David Bramhill has always said it was his intention to sell out to another oily, not much chance of that happening at present.

think i'll buy in tomorrow assuming no increase - it is a steal at current pricing - hawk production will keep increasing now which was a bit of a hinderance b4 in earlier days

The Jolly acreage alone is set to be sold some time ahead and even modest worst-case figures are well north of 500p a share, more liekly 600p.

Think about that when you can schnaffle these for 22p -that once-in-a-lifetime opportunity has just been brought about by the crash and hedgies forced offloading, nothing bad at all by hawk.

500 or 600p shared out between just 206M shares? FFS just how much free money do you want? -and that is just the one project (Jolly Ranch)

Truly, only the THICK are not grabbing these up at these prices.

Well I picked some up yesterday....gone down a little today....must be near the bottom now....and then there will be a rapid mark up.....one of the best bargains on Aim....at the moment....though there are plenty to choose from !.

tbh everything (apart from hedge funds and bloody banks) is a bargain now, but hawk has a really high multi-bag run ahead when the market turns. Probably one of the highest out there, banks'll never be trusted again.

I'll give it another hour or so to see if it falls to sub 20p. Being Friday, historically sp rises nicely as peeps don't like to be out over the weekend.

I note that a few investors here are thinking of buying in...perhaps for once I did the right thing of picking up some yesterday !.

Bought @23p is this the bottom or close to it??