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.

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.

You really are nuts !.....if you are classified as a trader you can trade as much as you like...if you are a normal investor like myself it is more difficult...end of story !.

Sorry can't resist it!!

Try doing it rf in your normal dealing account and surprise surprise you may actually find it works!

Shame it has taken you this long to find out ...

Sigh ! I give up !.

you should do before you lose any more money

lol

sell worth 10p dow down ftse down tooexpensive.

glad you are wrong so far today .... shares surprisingly +3p (12.25%)!

Well : I hope that that is the last fundraising now.....sp marked down....must rise now...but I have said that before;...at least oil has risen !.

Shares in Nighthawk Energy fall 12.5 percent to 24.8 pence as the

U.S.-focused hydrocarbon company says it has conditionally raised 5 million

pounds through an institutional placing of new ordinary shares at 20 pence a

share.

'Whilst this news could equally be interpreted negatively, as the raising

was done at a huge discount to its running 30-day average and could be viewed as

a panic measure, the level of activity and newsflow from its key project, Jolly

Ranch, especially the discovery of aromatic rich gas, indicates this funding

will accelerate production and subsequently cashflow,' says Daniel Stewart in a

note.

The broker keeps its 'buy' recommendation and 100 pence target price.

Have kept my holding.

Where is gnashlevel2 as an apology is overdue?

no apology you bampot, this situation has literally come out of the blue as in the past few days only, all will be clear tomorrow. Come on, you claimed that an MD illegally gave you market-sensitive, privilged information all that time ago, just you, because he liked the look of you? You chancer.

Gnash sez load-up now, this 5 squillion isn't for nothing and this baby is going to do so well now. I just can't wait to get the specifics of what the dosh will be used for initially, I know we have a cryo' unit to finance for our lucrative LNG discovery, and the faster Jolly gets wells nodding the faster we get that multi-million dollar annual income from each.

It's all good.

Off topic, The return of Tman oil and gas as dropped 70% after suspension. Also the majortity of shares held by private companies. THERE WIL FURTER OFF LOADING OF EQUITY FROM CREDIT SUISSE HOLDING 14%. wITH bORIS rOYTER DUE TO SELL IS HUGE STAKE OF 22.59%. With Artemis holdings set to sell a 4% stake in Tman. Danger warning this company only worth 3 to 4p.

who on earth are Tman Oil & Gas????

there are an oil and gas company that was suspended for six months which was lifted yesterday and not performing well.

gnashlevel2 sorry you could not speak to DB to confirm what we said previously, you must be living in disneyland on the planet Pluto if you think Hawk is about to start pumping millions(?) of bopd, as we said in an earlier thread the target is 5000bopd by mid 2009. Keep reading the comics kid.

No target like that has been stated anywhere. Show an RNS with that. Sow an Annual Report with that.

Even if I played devils advocate with you though, have you any idea how much lolly 5Kbopd is? Hell I'd be happy with that, my beef is that you claim this was a stated target, it isn't.

We may exceed or approach it, remains to be seen, so lets drop it and focus on all the major changes to Hawk's fortunes in the months ahead and get wealthy. No other AIM share promises so much return on investment for 2009, I stand by that.

i confess that from the little i have bothered to read, HAWK seems to have a number of productive small puddles, but none have been joined up by fraccing and the volumes being pumped daily are pretty derisory ..... what may or may not be so-called "recoverable reserves" is somewhat irrelevant