Member Info for ARahim

It is a consolidation stage for both bitcoin and arb. by they weekend bitcoin should be climbing to 50000 and arb open Monday at a 160 170. good guess heh?

some rushed to buy their shares back before news and the traders thought it is RNS coming soon or some sort of strange event may benefit them. it is one day and two weeks more for usual operation update. fingers crossed we get a life changing news this time or at least 2-3p sp.

If there is no reason for sp to drop then there is the day traders who borrow money from their account by they have to return it before end of the day to keep their account balanced. they usually start selling after 2:00 if there is no hope in short climbs.

Uti, remember what I told you before. I am not finding excuses for management. I am just telling you that only 5% of share holder are involved in this daily drop 'less than 1% shares traded daily'. try to read and understand what people are posting before you change on them.
Management can not hide income for longer and they have to report it. last year 12m. this year should be at lease 18m. that is what we expect them to deliver + the workovers and new flew from them.
The majority of share holders are not taking part of these daily 2 - 4 million shares trades. if a major holder want to sell at this prices price will tank by at least 20% or more a day.

it did not make it today to 150p may be tomorrow!!! I prefer to return to 300p and above that is what make me happy.

all these drops since above 1p are due to small daily trades which shows luck of interest or information. in case the revenue is proven to be up and growing above 10m 15m the price is likely to jump above 1.5p. there is no volume to keep it low.
trade update should be after three weeks at most.

aim shares are like weed, you buy them low and you find yourself high.
its true JoeCreed buy low and sell high??

or somone playing with volume to fool the crowd?? who knows with these lse lads!!

they are the negatives of the ones published on Friday. corrected Mistake!!

two and three month old trades being published now!!!

I think they informed us that production from the 10 wells will start after 15 days: that is 1 week ago. they have not reported it, that is another matter. although they predicted output to jump from 100 bbl to 400-600 bbl after resuming production and this waits confirmation. No report imply no exception to be reported.
the other well totalling 35 are in the agenda to be linked as well as being informed before. we have to see the schedule of these new linkages.
The new management take it that one RNS is enough every two months. We have to wait that is all.

by the look of it, we have four weeks to go before the next operations update, they are once every two months.
The 15 day long gone and nothing reported. I expect the production is just as expected, nothing to worry about.
sp will have a turning point even without news. it may start heading north after two weeks testing the bottom.
after operations update sp is likely to be above 1.5p
Pure guessing 'no speculation'
I sent an email to Martin Hull will he respond??

WT, can you please provide the email address you are using as I contacted echo through 'info@echoenergyplc.com' and they did not respond.

Util, we already changed management and they need time to bring this to success. They are poor on communication yes, but they don't have the right to raise cash and they have to work with what they inherited from the lazy style management before. give them some time to prove cash can ran above costs and bring this to light. If there is the urgency to change management then that could only get the nod if they proved poor results not now.

There are no incentives for CEO to let the share price slide.
1) he has no power to do placings
2) he already issued warrants at 0.70 and 0.75. so management will benefit from sp above 0.70p
these warrants are for 2 years limit so sp rise is expected form management. they just not responding to the the needs of the market 2 weeks gap between news. They are not with the boom and baste trading patterns I guess.

as its name is used by other company in USA at website
https://echoenergy.com/
our web site is almost masked with their website the only difference is plc at the end
https://www.echoenergyplc.com/
and they need to be more visible.

what is eating you util? you are trying to bark on each poster. Are you a d*g or what?

by the look of the sales figures 'they are very small ' I would say they are for small traders gambling on news here and there without any research. Yes these boards do influence the small unexperienced traders as the ones we have here.
Further more CEO do read these boards as well and they are aware of what is being discussed here.

one lesson to learn from this. "Do not promote possible RNS dates to attract traders". They are only going to sell if there are no news in time. long tern share holders should promote measured posts to keep each other informed. Once good news comes every trader in the land will want to grab some share. Be patient and let the boss do his work.
we know they were not good on PR but till they change, bb comments are not going to change a thing.

even one day or one week traders do feel disappointed with management!!!!
save us some time traders. you have wreaked sp by buying in the hope and selling on disappointment.
management gave 15 days as a guide line not an obligation to double your money.
They have to report a figure that will reflect the production for long time not just days.