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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Echo Energy Plc | ECHO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.0041 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.0041 | 0.0041 | 0.0041 | 0.0041 | 0.0041 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 29/2/2024 08:28 by aspect100 There is a lot of posters trying to talk this down on the boards.They don't seem to have figured out that this is a change of direction for ECHO,and they are most likely planning to buy some higher quality assets - and it can't be done instantly.This new approach is going to pay off very nicely for investors,and this is one of the few small oil & gas companies,that I have placed a fair amount of cash,with over 320 Mln shares. I expect a big profit from this in the medium to long term. There are some posters that should be ignored. |
Posted at 05/2/2024 16:51 by gary38 This share is a graveyard for investors,WARNING !! KEEP AWAY FROM THIS COMPANY IF YOU DO NOT WANT TO LOSS EVERY PENNY HERE. |
Posted at 29/1/2024 07:54 by everready1 no doubt bitter ex investors who lost a packet on this one! |
Posted at 06/1/2024 10:38 by gary38 Every one selling off their shares getting anything they can get for them( BOD ,Those that converted loans to shares )before the Echo energy goes into adminstration,hoping also more mug investors like me buy these shares so can yse those to sell of their shares to. |
Posted at 17/2/2023 15:34 by helpfull Wow!Lombard down from 21.96% to 20.92%. That's 1,221,253,877 shares down to 1,163,753,877 shares. A drop of 57,500,000 shares. And look what it has done to the Echo share price. Can the share price withstand Lombard selling out completely? Of course there are other people with shares to sell. Lombard was only €5,000,000 of the debt converted. There was another €10,000,000 converted to shares. How low can this go? The selling by Lombard et al is a sure signal to potential investors. Be careful. |
Posted at 22/12/2022 11:18 by gary38 Wallet investor forecasts----------- |
Posted at 12/12/2022 19:30 by helpfull Are Lombard Odier buying or selling Echo Energy shares?12 Dec 2022 : 1,298,553,877 shares in Echo. 14 Oct 2022 : 188,949,943 shares in Echo. From Final Results in September: "as at 31 October 2022, the total outstanding debt and accrued interest of the LO Facility will amount to EUR 6,225,256" €6,225,256 at €1=85p and 0.45p/share should bring Lombard Odier another 1,175,881,688 shares. So LO should have 1,175,881,688 + 188,949,943 shares or 1,364,831,631 shares. Today's figure of 1,298,553,877 suggest LO have sold about 66,000,000 share since 14 October 2022. Remember these latest shares were converted at ~0.45p/share (almost a 40% haircut) and they are continuing to sell out. A good indicator of their thoughts on the future of this company. A red flag for small investors to heed? Be careful. |
Posted at 10/11/2022 08:13 by helpfull Have Echo Energy issued the billions of new shares yet?Better to let the mug punter forget about those. I wonder if anyone has got shares they need to sell? That "trade payables debt" was $ 19,511,235 at half year. And it is going only one way. Rapidly. There is no profit here. Only "cornerstone" investors wanting to jump ship. Be careful. |
Posted at 13/10/2022 12:45 by gary38 As l said 2022/23 the plan to increase production by 40% ,plus today's great news will be a turning point for the Echo energy ,where the true value will be delivered to all Investors . |
Posted at 24/8/2021 17:33 by stevomeister I represent a group of concerned private investors in Echo Energy.I will get straight to the point regarding our concerns about the direction of the company. 1) Most, if not all of, have little confidence in Martin’s record in running Echo Energy to the standard we expect from a CEO, especially one on his current renumeration which we find hard to justify based on his record to date. We wonder if due diligence was done in his appointment and if the job was offered to outsiders, or if the BOD simply chose their colleague. Not every CFO can be a CEO, and we have seen Martin make 2 or 3 interviews in the last year which is wholly unacceptable for a company in Echo’s position with his peers making double figure appearances in the same time frame. One example which Martin would fare unfavourably with, is the very competent and PR-savvy head fo Zephyr energy who has presided over a 10-fold increase in his company’s share price over the last half of year. If Martin is not confident in appearing in public, nor confident in his knowledge of the company he heads (there have been a few examples we can give) to stand up to public forum, it may be an idea he reverts back to his original role as CFO and let someone more competent in these fields to take over as CEO- which should be selected from an open market rather than an ‘inside job’. His PR absence is certainly not due to the lack of time which brings us to our second point. 2) We are concerned about the sheer amount of time he is currently spending on private conversations with various private investors which is fuelling an unprecedented rumour mill with seemingly pieces of information being drip fed causing a significant amount of confusion. Furthermore, we wonder if these are pushing the rules regarding disclosure of price-sensitive information, and what effect this would have on the share price should they be investigated by the FCA.. Even in the small cap market, this is highly irregular for a CEO to spend his time. We feel that this paints a picture of someone going to extraordinary lengths to avoid scrutiny which raises numerous red flags- cold water was poured on the recent suggestion for a ZOOM call for example. 3) We know you aware that others have raised the election of a non-executive to represent, us, the private investors to break the current shadowy cloak that covers Echo- with little public engagement, seemingly deliberately opaque news releases, and a CEO who spends an inordinate amount of time chatting to private investors in individual calls. We hope that you will choose to engage with us and have our concerns officially recognised via resolutions in the upcoming general meeting rather than things having to be escalated which would negatively affect our holdings. Regards Echo Investors Group |
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