Member Info for barnetpeter

Idiot. Yes I was here for years when the price was 2 p to 3p. Check my history on this MB. Arb then went to 3p last year but I only bought in at 6.9p. Arb is a very volatile stock and I am sure we will see big moves again this year. Mind you, the damage done to this stock was obscene and this should be much higher if the previous Board had acted reasonably not like kids buying sweets at mad prices

hiblue....you timed it well.

News helps and this new listing and the prospect of raising new cash at a premium in time has interested the mkt on this dire day.

Only a month ago. Have a look at the chart. Arb hit 20p.

I reckon £16,000 approx. Banks are sitting on too many bonds at a growing loss.

Arb? Sold out at 18p. First time I have not held this for many, many years. 2p my lowest buy, 260p my highest sell. What a roller.

None of us know but the reality is that Paul j was POW. Under the old name the share price collapsed and nearly went into admin. The company has far too many projects that need funding and Paul could get that funding. Will he now sell his shares. Large overhang if he does. I think investors are mad to buy this today but thats just my opinion.

Yes from this 25 million raised in £ and Euro. They blew that. A lot of the 3.5 billion shares are still up for sale it seems.

Echo Energy plc, the Latin American focused energy company, announces that in respect of completion of the restructuring of the Company's Luxembourg listed EUR 20.0m 8.0% secured notes (the "Notes") and the Company's 5.0 million 8.0% secured convertible debt facility (the "Facility"), it has today made application for 3,570,766,386 new ordinary shares in the Company (the "New Ordinary Shares") to be admitted to trading on AIM ("Admission"). The New Ordinary Shares will rank pari passu with the Company's existing ordinary shares and it is expected that Admission will occur at 8.00 a.m. on 8 December 2022.


Following Admission, the Company's issued ordinary share capital will comprise 5,527,427,674 ordinary shares, none of which are held in treasury. Therefore the total number of ordinary Shares with voting rights in Echo following Admission will be 5,527,427,674.

I sold these at 18.5p. I posted the trade yesterday. Since then it has diluted and diluted and raised so much cash.....which is ****ed up the wall. It bought utter dross. My puppy could have done better than this lot.

I thought it had to rally at some stage and could not fall further from 0.2 approx. I was wrong. If you continue to dilute and then send good money after bad money guess what?

Holders all made a thumping profit when Echo reversed into a former dawg. Some made 20 bags plus. But with billions of shares around now and many desperate holders, if you do make some money on this well done and run for the hills!

The Echo management must be up there as one of the worst around. How much money have they blown? 100 million? 150 million? More? All in a time when oil soared over 120? Does anyone know what assets they have left to show for this money? Not a lot is something we can all agree on.

I can say this having made a load on this stock! The ones who bought off me are 99.8 per cent down!

Summers I think you are right. Blu results were terrible and now it is just a gamble on the two main holdings. The other investments were a disaster and the mkt is worried things will go wrong again. Dropping again today.

I need a treble just to break even. To be fair, I sold these at over 18 pence.

Highest price received: 18.51p

That was a huge profit. Just shows how far this stock has fallen.

Make my money but remember all LTH's in this are broke!

A falling knife and then some. 18p on the way and then 15p. A pile of....Expect some short bounces on the way down to tempt buyers in at this "bargain price". The mkt has lost confidence badly and it will take a lot to rebuild. A new BOD would be a good start.

On 25 May 2021, Revolution announced its intention to raise gross proceeds of approximately £21.0 million by way of a Firm Placing and a Placing and Open Offer (together the "Fundraising"), all at an issue price of 20 pence per New Ordinary Share (the "Issue Price").

Not worth 3p imo. To think the shareholders previously turned down 100p....

52 Week Low 5.25
52 Week Low Date 03-Nov-2022

Still a long way to go to get to the lows of just 4 months ago. A few will buy it all the way down I guess but it has broken support now in these dire small cap mkts so dont expect a sharp rally. All those that laughed at the bear case of below 14p....well here we are and 12p is soon. That is still up 130 per cent on the lows of just a few weeks ago. The hype is gone here and March is going to be a bad month for this.

Managed to sell out early. Lost a load of cash. All gone. Four Investments....all gone. No cash left. Will the remaining holdings do better? Maybe. Its a real gamble. This stock does what it does best...lose money and disappoint.

Could not resist more at 1.1p today

ggg...I took my loss on this at 40p. i reckon you will take your loss at 20p.....unless there is a bear bounce

You will be able to buy these at about 18p next week. They are trying to put a spin on a dire situation.

Bought these at 50 took a loss at 40 and here we are at 30. Going to 20 I reckon. Vague pie in the sky rns burning tons of cash.

It is very strange that folk are selling in the middle of a bid battle. Other takeovers have gone from 18 times the lows....

Mark Kleinman
@MarkKleinmanSky
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Exclusive: Michael Bruce, the Purplebricks founder, is exploring a takeover bid for the online estate agent; City sources say that Bruce is examining a combination of the listed company with the technology platform he created at Boomin, a rival property venture. More soon.

me too. Punting money here. Remember Countrywide? 20p during Covid and was taken out at over 15 times that price. Someone will take a punt. Fallen from over 400p to below 8p. Dont like the company...think they are rubbish. But a punt is a punt.