i have a feeling echo wanted lo out as soon as possible , it would of took all year otherwise , as ive said ive seen this happen many times lo out a five bag plus then probally a placing imo
vast got sold down to 1 mill mcap with the help of tw and friends naked shorting it then 10 bagged in 3 days . could easily multibag here next week once out imo
any lower and its under 1 mill mcap even amigo multi bagged by traders and its winding down, anything delisting wipping shareholders out seems to be multi bagging lol
agree its priced to go bust as ive said reminds me when vast went to 1 mill mcap then 10 bagged in a few days 5 bag minimum from here imo 1.5 mill mcap is just insane
Whilst the Company continues to explore means of monetising current liquid stocks and future liquid sales in Argentina, the Company has also received a proposal from a significant Argentine investor which has the potential to inject cash and an asset into the business
Production over the period from 1 January 2023 to 31 March 2023 was an aggregate of 113,270 boe net to Echo, including 19,205 bbls of oil and condensate and 564 MMscf of gas.
just need that seller out rns and the fuse is lit , ive been in situations like this when its spiked to a 5 or 10 bag after a seller took it to a crazy low mcap imo
agree as soon as seller out rns it will do a few bags off that alone, reminds me when vast went to 1 mill mcap then did ten bags in a couple of days all imo still a gamble dyor
i think they want lo out its destroying the sp and they carnt raise , as soon as lo out it will spike get some good news out and will do a few bags from here( vast did 10 bags) then they can place all imo