Re: Today's RNS "but I'd be happy with a return of capital 8 - 10p range."That is wildly optimistic, I think you will be very lucky to see 0.8 to 1p range.
Re: Today's RNS Well I would say JC has lot a bucket load backing HAWK, but he did bring in Rick afterall. Id still like to know why SG left. It was doing fine with him running it.
Re: Today's RNS It does seem to dragging on for ages , another total slagging off on share Prophets .
Re: Today's RNS I don't know that I'd welcome a takeover at the current SP, if there is value in the assets then a sale at a realistic price might be more desireable. However, what a realisticv price is in the current market is open to speculation but I'd be happy with a return of capital 8 - 10p range. That's probably optimistic in the extreme...If one wants to speculate, I'd observe that as a major creditor, any deal that might be made between the company and it's creditors clearly represents a conflict of interest for JC while he is on the board. I'd say we are now close to reaching the end game on this sorry saga.
Today's RNS JC resigned from Board with immediate effect.Is there a takeover to follow????
Re: RNS .. Farm Out .. up 115% well b*gger m
Re: RNS .. Farm Out .. up 115% Looks like a complete over reaction to me.The news is slightly positive, hardly game changing!Buying price shot up to 0.54p, from 0.25p, now dropped back to 0.43p.Typical pump and dump operation, I suspect.Should be back down around 0.3p by COB.Still, I wish I had sold today, rather than 3 weeks ago at all time low.However, I will not be buying back in.Good luck to any long term holders.
RNS .. Farm Out .. up 115% Id written this one off... lolCan not see when i last posted here .
Re: No hope HAWK What can Rick bring to the table?ForWe are still in business.We are still producing.Failing to get Knutson's onboard!!AgainstFailed JV with Cascade.A fine of approx $1.5 for not drilling all JV wells.Plus the cost of $75k for up-hole on Monarch well, production has dropped drastically, and we get 16% of the kitty.Failing to get Knutson's onboard for bigger WF!An SP of approx 13.5p when he joined, an SP now of 0.0025p.Our largest shareholder holder seeing a value of $21.5 m fall to $400k.Our 2nd largest shareholder seeing a value of $13m fall to $250k.Our chairman seeing a value of his holding$15.4k fall to $2750....why should he be worried, his holding has not hit the cents yet!Why should he be rewarded with his current salary.
Re: No hope HAWK Since he took over, all we've ever witnessed is this hitting the biggest losers table of the day multiple times over the past few years - never in the winners. Shows how you can fail in business but still come out a winner (salary). very little value here now, market expecting it to fold under this ****s management.
No hope HAWK How Rick justifies his salary is astonishing really. shouldnt be too long now before he turns off the lights and what a **** job hes done too since Steven's departure.
Re: Time is nigh (and Rick is useless) Huh? Ive been calling this a flop for years.
Re: Time is nigh (and Rick is useless) CB....well you have been slow of the mark!!!!
Time is nigh (and Rick is useless) nm
should be put out of its misery poor management is to be blame.