ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

ECHO Echo Energy Plc

0.0035
-0.0002 (-5.41%)
12 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Echo Energy Plc LSE:ECHO London Ordinary Share GB00BF0YPG76 ORD 0.0001P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0002 -5.41% 0.0035 0.0034 0.0036 0.0037 0.0035 0.00 1,304,344,689 13:32:51
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Drilling Oil And Gas Wells 14.11M -9.59M -0.0017 0.00 205.74k
Echo Energy Plc is listed in the Drilling Oil And Gas Wells sector of the London Stock Exchange with ticker ECHO. The last closing price for Echo Energy was 0p. Over the last year, Echo Energy shares have traded in a share price range of 0.0031p to 0.03p.

Echo Energy currently has 5,560,618,550 shares in issue. The market capitalisation of Echo Energy is £205,742.89 . Echo Energy has a price to earnings ratio (PE ratio) of 0.00.

Echo Energy Share Discussion Threads

Showing 3151 to 3172 of 3450 messages
Chat Pages: 138  137  136  135  134  133  132  131  130  129  128  127  Older
DateSubjectAuthorDiscuss
24/4/2023
12:20
Kept mine so far Riding =

Small caps beginning to bounce -

Dyor and trade only -

tomboyb
24/4/2023
12:17
You can buy millions for cheap
ridingthewaves1
24/4/2023
12:15
Robbie is dumping out he must have bought a shed load now dumping
ridingthewaves1
24/4/2023
12:14
It's done Tom boy no more
ridingthewaves1
24/4/2023
12:12
1 billion traded -
tomboyb
24/4/2023
12:06
Take profit
ridingthewaves1
24/4/2023
12:06
Br very careful
ridingthewaves1
24/4/2023
12:00
48% -

Trade only -

tomboyb
24/4/2023
11:56
Could go bonkers this one nkw
gregpeck7
24/4/2023
11:47
800mill traded -
tomboyb
24/4/2023
11:40
cesspit trade look like moving up -
tomboyb
24/4/2023
10:41
270mill trade will be the seller -
tomboyb
24/4/2023
10:35
Cesspit trade -
tomboyb
24/4/2023
09:47
Looks like the Echo decline is also affecting Coro pity both have one thing in common & that's Parsons
mebo2
20/4/2023
15:20
RNS -

13.5% left to sell -

Lombard @ snails pace -

tomboyb
20/4/2023
11:39
Bargain hunters.

It's like climbing back aboard the Titanic.

The mug punter is concerned about Lombard and the selling down of the shares.

There were 3,570,766,386 shares issued for the debt for shares swap at 0.45p.

Only about 1,200,000,000 went to Lombard.

The remainder went to debt holders who also took a haircut in the debt/ shares swap.

They did that because they wanted the opportunity to monetise their investment at any cost. What's happening with the other 2,400,000,000 shares?

When the mug punter realises his mistake and decides to sell he will be competing against some big numbers and the fall might be drastic.

Be careful.

helpfull
20/4/2023
10:15
cesspit trade I suppose -
tomboyb
20/4/2023
09:10
Very succinctly put Helpfull. If only Martin Hull was as succinct/honest.
ohdearohdearohdear
20/4/2023
09:04
Cash burn.

Look at any set of results for Echo Energy.

From the revenue subtract the cost of sales and then the administration expenses and you will get a negative figure.

The cost of selling oil and gas has been higher than any revenue (even at high oil and gas prices).

Echo have shut in wells because they are losing money on any oil they sell. Basic economics. Just like the Covid period.

With the downturn in Jan/Feb the problem was exasperated.

And nobody wants to take part in a placing because they couldn't sell the placing shares on to the mug punter at a profit because the share price is continually falling (especially with Lombard publicly jumping ship).

A vicious death spiral if there is such a thing.

Be careful.

helpfull
20/4/2023
09:01
Get in get out quickly -

I'm sure a few will look to trade here -

tomboyb
20/4/2023
08:54
The 100K isn't going to last too long - even if the £500K arrives in time they just about have enough for 1 month.
ohdearohdearohdear
20/4/2023
08:51
The mug punter should remember that as the market capitalisation hovers around £1 million there is €10,000,000 of bond holder debt and $19,511,235 of trade parables debt at 30 Jun 2022 (although the $19.5 million might have been reduced to about $12.5 million according to Feb 2023 update).

Be careful.

helpfull
Chat Pages: 138  137  136  135  134  133  132  131  130  129  128  127  Older

Your Recent History

Delayed Upgrade Clock