Member Info for nennyb

Hey Navtech, how are you? Calm down dear it's only oil prices!! Lol 😁 I read a bit of it but am not worried as Oil prices have been a lot lower in past and the bounce back. I believe it's been played by shorters/ big hedge fund companies. What are you worrying about?

Won't see much movements in the SP today?

Navtech, yeah I believe everything will happen now after the consolidation!! Not long to go now.

Guys, RNS out regarding consolidation!! Things are moving along nicely, by the end of the month there should be some sort of news, hopefully good!!

Sellonnews, it's dips during the morning but usually finished up at the 0.44/46. I also noticed that it often bounce back quickly after each dip. I personally don't think it will get as low as 0.20 or even 0.30 unless there is no news for a long time. But then again this is Aim anything is possible! A lot of people are holding their shares so that should keep the SP around this current level until something happens?? You looking to buy in?

Thanks Duster, does that mean the warrants will be exercise at 0.60?? Apparently they should be exercise at 1p?? The SP is moving up but not sure if we see 1p by the end of the month unless there is some decent news?

Also people are waiting on the sidelines for a big drop to buy in. Also lot of people waiting for the first deal to be announced and the consolidation before they buy in I believe. By the end of the month we should be in a better position knowing more about where the company is heading!

Okay thanks navtech. The SP will be in a different price range on the 28/5 due to the consolidation? We just have to wait and see how it pans out

Good morning Navtech, thanks for sharing that. To be honest am not too up to speed with this warrants Are they due to be exercise in a couple of weeks time? How would it affects the SP?

Knows for definite the actual date of the consolidation?? I believe mid may was mentioned but not a date.

Glad to hear you are still holding strong and so am I they won't get my shares on the cheap. She are scaring the weak into selling Yes I agree patience is the key in this trading business. Yes a few blue day would be nice.

How is it going? Still hanging in there? Today was a funny old day, down, up, down and then up again and finished flat. The good thing is the SP is holding well at the current level.

I don't think Aim work on a Supply and demand basis. It's more like the wild wild west!! They are there to make as much money as possible and they will do whatever it takes.

Is blue now, a bit of a recovery I hope!!

To top up I think. I will do a little top up today hopefully at 0.43 or below!! News should be out soon by the looks of how they are dropping the SP??

Hey Navtech, it's very difficult to understand what's going on behind the scenes, like you said it should be supply and demand, buy and sell but like you rightly said that doesn't seems to work all the time. There all sort of conspiracy story on what MMs are getting up to. The SP is down a bit this morning!!

Guys. Navtech I have agree with MrMarky as I don't know much on that topic. I have read all sort of stuff on these boards about MMs and what they get up to but to be honest not sure how much of it is true or false I just go with the flow as that's all we can do and like Marky said Aim is not tightly regulated like ftse 100/250 so basically they get away with a lot. Apparently they try to get a lot of shares cheap when a good RNS is due so they can sell much higher to make maximum profit. That's their aim like us to make mega bucks. Lol

MarkyB I totally agree with you. This has got a long way to go. Pay off your mortgage and buy a boat, that would be nice and I believe it's possible if it all goes to plan, good luck Apparently a lot of people did similar things with the money they made from Sou pay off mortgages, bought posh cars, boats etc hence why a lot of them bought into Echo to repeat the same kinda success so fingers crossed we will make some decent money here.

Clearer once we know more about deals, drilling program etc 2/3 bag is good but 10 bagger is better. I am the same can't say how long I will be in for to be honest but am leaning to hold some for a long time. 3k into 40k that's amazing. MarkyB you are right Aim is quite risky thats why I would derisk at some point. Yep slow and steady rise is what we need not these big spike that don't hold

MrMarky, exciting times ahead for Echo and your kitchen. I don't know how long I will stay in for to be honest I will assess and make a decision on whats happening at the time. However 10 bagger would be nice.