Actually there are more sells than buys Toze , on a very weak market. Little interest in Echo shares atm, and one can see why. Imo I wouldn't buy until long term funding is sorted, and yes I am a holder. GL
Few people (in comparison to earlier ) have any faith in this company or Bod anymore. Many feeling screwed over by directors luring pi's in with talk of unqualified future success. This is a company with little success and soon little money. But anyway, good luck to all of us still invested.
"Absolutely no way they would do a fundraise with the share price where it currently is."
When cash is needed they will have no choice but to fund raise whatever the sp. No company that needs a cash injection can decide to wait in the hope of a higher sp. If that were the case there wouldn't be so many aim companies spiraling down with raise after raise.
"Why organise a conference call if your not going to use it for positive."
To announce something negative perhaps. This was the type of hype talk just before the price fell from 40p to 5p. This has become a traders share after the fall imo
Although I am sitting with a bunch of these at 16.5p, I might buy a separate holding when and if it hits 3p as a trader.
Know a lot of people that have lost a good deal of cash after listening to the bod flowery words. A lesson never learnt
GLA