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ECHO Echo Energy Plc

0.0035
0.0001 (2.94%)
19 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
  0.0001 2.94% 0.0035 0.0034 0.0036 0.0035 0.0034 0.00 315,194,087 09:38:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Drilling Oil And Gas Wells 14.11M -9.59M -0.0017 0.00 189.06k
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 £189,061.03 . Echo Energy has a price to earnings ratio (PE ratio) of 0.00.

Echo Energy Share Discussion Threads

Showing 3251 to 3271 of 3450 messages
Chat Pages: 138  137  136  135  134  133  132  131  130  129  128  127  Older
DateSubjectAuthorDiscuss
18/11/2023
08:43
Just when you thought that things couldn't get any worse in this lifestyle pish huh.
terminator101
15/11/2023
07:13
Stephen Birrell was appointed as a director to Iconic Labs plc ("Iconic Labs") (formerly Widecells Group PLC) on 9 February 2021 and resigned as a director on 19 March 2021. Iconic Labs was placed into administration on 4 June 2021 following an unsatisfied demand for payment from Iconic Labs' secured creditor.--------------------------------------------------------This is Stephen Birtell latest history and to me speaks the loudest.Has he been brought in to place the company into administration for his mates Hull and co.
gary38
15/11/2023
07:12
Stephen Birrell was appointed as a director to Iconic Labs plc ("Iconic Labs") (formerly Widecells Group PLC) on 9 February 2021 and resigned as a director on 19 March 2021. Iconic Labs was placed into administration on 4 June 2021 following an unsatisfied demand for payment from Iconic Labs' secured creditor.This is Stephen Birtell latest history and to me speaks the loudest.Has he been brought in to place the company into administration for his mates Hull and co.
gary38
14/11/2023
19:05
From the latest results:

"Martin Hull's contract contains a six month notice period and a twelve months change of control clause"

Along with unpaid bonuses that could be around $500,000.

Can the company afford it?

If the company went bust with Parsons and Hull at the helm, would they have a claim?

Is this the reason for their departure?

By leaving now, does the compo have to be paid?

Perhaps the new CEO and the new Chairman might clear this up before potential shareholders invest.

Along with the debts such as the "£1 million" loan to be paid off by March 2024, the company is penniless.

Be careful.

helpfull
14/11/2023
10:22
So there's a new team coming in.
Maybe they'll build a new business?
I'd like to see their plans...

napoleon 14th
14/11/2023
08:00
Disgraceful.

There must be no money remaining.

I think the payments for the "£1 million" loan are looming by next March.

A steady hand to beach the bad ship Echo Energy onto the rocks to be broken up.

No apology from Parsons.

It is what he does.

Be careful.

helpfull
27/10/2023
10:44
A £1942 buy, so what does this chap know?
andrbea
25/10/2023
20:22
Just waiting for Echo Energy life support to be turned off as it has been brain dead for along time.
gary38
06/10/2023
13:41
Market makers trying to lure the gerbils into this pish with that 35% spread.
terminator101
06/10/2023
08:43
So far this week the price has dropped from 0.028 to 0.013 = down 0.015 maybe fi ishong at 0.010,a drop of 0.018,which could point that next week that Echo energy share price will be 0.000.:----------------------What happens if the stock price of a company drops to zero?If the stock price of a company drops to zero, it means the company is effectively bankrupt and has no value. Shareholders will lose all of their investment in the company. The company's assets will likely be liquidated and distributed among its creditors.
gary38
05/10/2023
12:46
Lost enough on this company years ago when I bought in at around about 1p .....no not the last time but I think 2 consolidation ago !!! Just looking at the company 'value' at the moment! The whole company has a value !!! Of 200,000 not even enough to buy a studio flat in London. The board should be very proud of themselves :(
richpassi
04/10/2023
18:52
If they managed the company for the shareholders best interests they would today have a company that would be worthMillions and their shares would not be worth nothing.
gary38
04/10/2023
17:46
"How can they sleep at night?" Just fine. Like all sociopaths.
terminator101
03/10/2023
13:18
Selling the last few shares,any day now they will be closing the doors on Echo energy for good and turning out the lights.Disgusting behavior by the board,l dont know how they can sleep at night.
gary38
03/10/2023
09:45
Remember the "Company's Luxembourg listed EUR 20.0m 8.0% secured notes"

There are still €10,000,000 on the books, due to be paid in 2032, aren't there?

Remember the "£1 million" loan due to be paid off in March 2024.

Remember the "trade payables"

Remember the remuneration for the CEO and Chairman, £357,000 a year plus unpaid bonuses.

Be careful.

helpfull
03/10/2023
07:14
If board does make any posiitive moves to pick their shareholders pockets( which l dont think they will as they have had enough of that ) ,they will not get any wages next year .
gary38
02/10/2023
12:48
A shorters paradise
bspgamer
02/10/2023
12:31
I posted the same .
gary38
02/10/2023
12:17
Going Concern

Consequently, the directors consider the going concern assumption continues to be appropriate although there remain material uncertainties as to;

1. Successfully raising sufficient funds.
2. Finding an appropriate investment within a suitable timescale
3. That investment being sufficiently cash-positive to fund the Group going forwards.

ohdearohdearohdear
02/10/2023
12:08
They NEED to raise money to continue. But they won't be able to raise money at this share price. And who would give Hull and Parsons more money anyway? Looks like administration is only days away......
ohdearohdearohdear
02/10/2023
11:55
Wow from 1.5p to a 100th of its value, big money been made here
bspgamer
Chat Pages: 138  137  136  135  134  133  132  131  130  129  128  127  Older

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