Ann: Hawkley to raise up to $18 million , page-21

Meerat, who would not buy their 10k worth for 37c with a producing well of 4M + pm and other to proven development well coming. The allocation was to give retail investors something. IMO. As opposed to nothing.
You MUST make money buying them for 37c- surely...

Buy in poor sentiment times- with good forward earnings guidence is the key here... poor sentiment to investors right now. 10 cps this year... 20+ cps next year all looks good to me.

Low PE basis on forward earnings... real value based small cap buy now... IMO