theprior
19 Dec 2017
Re: Suspension. Hi, R94, don’t label me as “experienced”, LoL, I’m feeling my way in the dark like everyone else!But, seriously, ECHO is potentially (underlined) a high riser. But not until after the fundraiser is complete. Drops like this are not unusual after fundraising.The record date I sent to be announced but is unlikely to be set at a date before the announcement. Should be safe to buy now and some would say “forget the offer price, buy now whilst the sp is below it” but remember the cash raised in the offer goes straight into the war chest but if you buy now it’s just some lillylivered, Christmas shopper who gets the benefit.Happy Christmas TP
Ripley94
19 Dec 2017
Re: Suspension. Thanks for joining me here prior.Are you topping up ? Do you know record date for OO .What do you think the lowest buy this morning was. Not sure all the ones below 15.50p could be sells shown as buys but not as experienced as yourself.
theprior
19 Dec 2017
Re: Suspension. And, remember, the same happened with SOU, and look where that went after the raise.TP
theprior
19 Dec 2017
Re: Suspension. Maybe the 14.28 was a sell? I don’t think the market has yet realised that these extra funds are paying for the expansion of the company! If you have one widget worth £1m and raise £1m to buy a second widget, the company is now twice as big and worth twice as much.Echo remains a sound investment, backed by an experienced and progressive team.Bolivia, Argentina, ........ keep on growing, increasing potential returns. Happy Christmas 
))
Ripley94
19 Dec 2017
Re: Suspension. Surprised I'm the only one posting here this morning after the swings since yesterdays "surprise " RNS's.Set a buy limit yesterday evening ( i would never usually do that ) Thought it was a cheeky 15.50p .. but it lifted @ 8.21amNot sure why it did not lift earlier as trade history shows buys at 14.28 ( low ) and plenty more before rising to my buy. No doubt ill be informed all of those were "over the counter" and this particular broker does not do that.Not sure that sounds right for a fair market ?
Ripley94
18 Dec 2017
Re: Suspension. Well done Gandhi's flipflops.. the city rumors were correct.The positive early response turned against echo as day went on closing down 11%sells towards close @ 15.5p buys for 15.69p.
wizard47
18 Dec 2017
Re: Apparent whispers in the City Spot on mate!!
Maru118
18 Dec 2017
Re: SP Everyone was desperate for the shares to trade again. I have to admit, I wasn't as optimistic. I was pretty sure they would decline and unfortunately I was right. Much better to freeze the shares for 2 years until we have found the gas, and then resume lol. Obviously, that isn't allowed, but I'd prefer it.
wizard47
18 Dec 2017
SP Looks like the shares might be cheaper in the market than the 17.5p in the offer. The company do keep coming back for money though.
Maru118
18 Dec 2017
Malcolm Graham Wood [link]
Ripley94
18 Dec 2017
Re: Suspension. Back trading today.RNS... Fund raise @ 17.5p....... 6.4m.. Open offer in January at same price. Response this morning up 2% @ 18p
theprior
18 Dec 2017
Surprise, surprise Didn’t expect this till January.Placing at 17.5pReturn to trading 0800 is todayOpen offer to qualifying shareholders will take place in January Happy Christmas))))TP “BUY”Ii still not got this page right !!!
theprior
10 Dec 2017
Re: Echo Energy agrees extension Apologies OwDo. I see you’ve already partially covered Malcy’s view of the triple presentation under this thread. Looking forward to building my CORO holding when they list.And a few more ECHO too.TP
theprior
10 Dec 2017
Re: Triple presentation Malcy seemed to enjoy the triple presentation. Lots of promise and potential on all three fronts, and lots of news to come.TP
numberbiter
09 Dec 2017
Re: Echo Energy agrees extension Can anyone explain why the focus is on EBITDA (earnings before interest, tax, depreciation and amortisation? Now while depreciation and amortisation, being non-cash items, might seem irrelevant, interest and tax are key numbers as what belongs to shareholders is after these deductions. In companies such as this one that are highly indebted, interest is a key number. Forget EBITDA as it is an irrelevant figure.
