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.

i know that will fill up my car for a couple of months, but it doesn't sound that much to me

An increase in sp must be coming....but the market is so depressed !.

anyone know why SP tanked. was looking to top up at 30-something pence levels so this should be a better opportunity. however when something looks too good to be true[a lower SP] then it normally is a bad sign.
Alex

According to posters on other boards, DB says there is nothing to worry about with HAWK. I don't see any reason to doubt him.

You must come to your own conclusion and act upon it. Good luck.

The whole market is just spooked at the moment....!.

No. I've seen this drop before. You'll find the sp will probably recover and getting in at 25p was a great short-term trade if you had the courage whch I didn't!

In at 25p and out at 27.75p.

Wish I'd done it!

You can only do this in a sipp or bet spreads....otherwise 30 days wait for the same stock !.

Sorry but don't know what you're talking about.

I'm saying buy at 25p, wait 20 mins then sell at 27.75p and run like hell with the profit. Tis called day trading of which alot I do, unfortunately not always successfully! Being doing it for 4 years now so unless something has changed the last 2 weeks I fear the stress of the SM is affecting your brain rf ;-)

Enlighten me.

If you are trading in a normal account you have to wait 30 days to buy the same stock back, you can do what you suggest but you have to move on to another stock...if you are buying and selling the same stock then you will have capital gains to pay....check the rules...there are allowances and you need to read a tax book about this....in a sipp or bet spreads, you can do this as much as you like, if you buy back within 30 days outside this : it gets very complicated, and please stop behaving like a prat !.

Please rf don't be stupid.

I never said there wasn't capital gains to pay. Of course there are tax implications.

Tis nothing to do with 30 days. I wasn't even talking about tax. I was talking about day trading. You can buy and sell a stock within a minute if you want. The shortest I have held a share is about 2 mins when Henderson Morley was popular a couple of years ago. I made about 100 in that time.

I may misunderstand what you are saying and if I do then I apologise. If however you are saying you can't do what I have been doing for years then it really does sort of sum it up for you.

ps I mostly trade in a normal dealing account rather than a SIPP because you can't trade AIM stocks there.

Please re-read your last post !.....tut tut !....you are talking nonsense all the time and I have better things to do !.

No rf enlighten me if you can.

I assume you running away from this debate shows you know you are wrong.

If I have made an error then once again I apologise but please don't become all arrogant on a topic you obviously know nothing about.

If you know you are wrong then at least have the guts to admit it and all will be forgotten.

ps I meant you can't trade AIM stocks in a SIPP, not the other way round.

It gets worse !.

Ah, now I know you know you're wrong.

No debate to come back with except insult.

Suugest you give up the share trading. I'm sure there must be something you're good at out there. ...

He's right RF have also day traded in TDW nominee account Your bought shares are available to close up to the lenght of time you put on your trade ie T3 T5 etc - may be a day less have never waited to find out. Yes there is capital gains to pay if you exceed the tax allowance over the year and this year I'd be so lucky!!!!!!!!!

Likewise maggie, unfortunately!

Used to day trade TAN and WNG quite often and usually only held them for less than a few hours. I know people have taken big losses on these companies, strangly they are about the only 2 I never lost on.

There are plenty others though I can't say the same thing!

We should end this now and talk about what are the prospects for HAWK and others....there are all sorts of accounts....and what you can do and can't do....why go down this line ?. dealerdear gets agitated everytime ! time to put the bottle away !.

lol

As I say rf you're wrong, you know you're wrong and yet strangly you can't admit it just like you're in denial about most of the shares you hold!

I shall say nothing more about the subject. I'll leave you to keep losing money your way. At least then hopefully it will get you off the bb's and we'll have one less person who doesn't understand what they are talking about.

I'm all for resoned debate with the others.