Member Info for AmyStake

0.26p paid. Flurry of buyers and it looks ready to pop

Very strong book with all market makers bidding for stock at a premium to the bid

Big demand for stock in the weeks ahead

Going to be a scramble for shares on open and that’s before the £850k is deployed buying back stock

Watch closely as buyers load up

100 posts today. Certainly a lot of interest and a lot of people with things to say

Quiet day in terms of volume but expect that to change soon

I’ve spoken to Ed. This is exactly how it works. We have £850k or 21.5m shares of buying power up to a max price of 6p in the weeks ahead

May see some Director buys next now they aren’t inside ;)

Samval thats not how it works

They will use £850k to buy shares over the coming months and support the shareprice up to a maximum of 6p per share

21.25m / 21.5m shares (it says both in RNS) is the maximum they can buy. They won't buy them all at the same price

they will likely buy some in the 3p range, some in 4p range and some in 5p range... Supporting the shareprice in the weeks ahead

The crux of it is that we have alot of cash in a relatively illiquid market supporting the stock, on top of that we likely have bullish sentiment in the retail market buying stock

I struggle to see how this stays under 4p, maybe we breakout above 4p tomorrow

All this aside we are trading at a substantial discount to NAV, esp given the current Mcap is the same as cash in bank

Massive bull cycle about to start

£850k of share buy back up to 6p

Basically means price rises to 6p over next week or so and then any dips below get bought

None of these idiots are actually holding any shares. And if they are they've written it off as they are probably 90%+ down lol

Its going to be funny watching the disbelief as the price rises

Wel obviously otherwise the price wouldn't be up here in the mid 0.2s

Its pretty clear there isn't much selling appetite here

Once the market realises that in the coming days, with more newsflow & PR due, i'd expect we wave goodbye to the 0.2s forever

Are you still here? Your posts are getting riduculous. Noit that offered any sense anyway

Share consolidation haha. Oh boy i've heard it all now

Its going to be funny watching these keyboard warriors like Snip get drowned out as the shareprice explodes higher as newsflow adds material value in the short term.

Its clear as day this is a nailed on turnaround play from here

Look its a world of free speech. The beauty with the stockmarket is everyone can have differing views, its fine.

You can move on to an investment you feel offers you some 'hope'

If you genuinlely feel there is no hope then i don't understand why you are even here? Why are you spending all day on the ECR lse chat board when you have given up hope on ECR? It makes no sense? Surely you have better things to do

Maybe find a company you like, and you think offers value, and discuss it with fellow shareholders.

Its a common tactic to deflect. But none of the companies you mentioned have delisted, so not sure whether you even know how to read

SED is doing just fine along with GROC. PYC was a boomer. TEK slightly underwater by 15% but its a longer term investment. JAY i'm really excited about and the only real shocker in there is VAST. Which is part of the game. Don't get them all right

I'd prefer to focus on talking about ECR, stay on topic.

AH was on £120k per year. Thats now gone. The other directors on the board have taken a pay cut and are taking shares in the company rather than payment. And that also applies for Mike & Nick the 2 new guys

Not sure whats not to like about that. Our cash burn has been massively reduced and its in everyones interest no to get the share price performing. Great news

I always wonder why people spend so much time on a board spouting so much negativity and throwing insults out to people

The reality is again quite clear who is making money and who isn't

The main problem with people is that they can't take responsbility for their bad investment decisions. Its a common theme. So what happens next... Well SnipVW is quite a clear example of someone filled with negativity & bitterness, who thinks that by constantly slamming the company and those who back it, will make him feel better about himself

Now last week you'd probably be in a better position to slam it... But why do we slam the company? Because we want change for the better...

Well we have that. We have sacked the CEO and saved their salary. We have a couple of highly motivated and incentivised new directors. We have lots of PR and noise about what they are going to be doing. And ultimately there is no reason to not have a degree of optimism at this stage

I'd imagine if they announced a JV partner with Rio Tinto on one of their assets, or a sale worth multiples of the current valuation you'd still be on this board moaning away

Its always the same. People are most bearish at the lows and most bullish at the highs. Its the psychology of the stockmarket. Its why most lose money

Here is the link

https://www.youtube.com/watch?v=ytLjtMkWWIU

Its a really good 7min listen. Exciting times ahead

I think its superb news and a real statement of intent that change is underway at ECR. And about time given the fall from 4p to 0.2p. Cash in bank, directors incentivised by shareprice rising, cost savings across the board.

This is a good first step for the new directors

Thats great news. All shareholders and Directors aligned and motivated to see the shareprice gain traction higher up

No fees or salaries to pay for 3 months as all directors take stock instead of salary

This is a great start and alot of other AIM companies could take note of this

Sick of directors being paid for poor performance lets get everyone aligned and motivated for the same thing

Fantastic news

Https://www.youtube.com/watch?v=c870N7XUe2E

Well worth a listen. Refreshing

Looks like more cash incoming from property sale and other inventory which is a nice bonus

Nice positive divergence on the lower low sets up a superb reversal opportunity. I would expect this to go retest the 0.5p-0.6p area initially

Can't wait for newsflow to start landing. See what the new guy's plan is