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nennyb No problem with Institutional Investment to assist a Company, just observing that that investment can have both a positive and negative impact for ordinary investors. Exercise of both warrants and options could actually double the shares issued total - something to take into consideration, perhaps? . .

It always feels great to take solid profits and reduce risk - excellent decision. Just think how ecstatic Greenberry will be when they sell their 3p warrants at 24p...nice 8 bag!!! . .

Hi NavTech Warrants are like options in that they give the holder the right to buy shares from the Company at a fixed price during a stated period eg 2 years, 5 years etc. As with options, the warrant holder is under no obligation to buy shares from the Company eg if the warrant price is 10p and the share price is 8p during the period, they lapse - it would be silly paying the Company 10p per share if they can be purchased on the open market for 8p. The price is agreed in advance of granting the warrants, and in the recent fundraising this was determined as 150% of the closing price on a given day. There was some confusion as this was incorrectly interpreted as 150% above the closing price eg 150% of a 100p closing price is 150p whereas 150% above a 100p closing price is 250p. When warrants are exercised cash is given to the Company in return for newly issued shares. This can affect the share price. Using today's 40m at 3p gives the Company £1.2m cash however there will be 40m 3p shares (15% of current shares in issue) coming onto the market, discounted to the current market price. . GL . .

Today they were given the warrants. There'll be another RNS as and when they are exercised. Updates on the fundraising warrants (140m?) will also be announced when issued. Hope you have a lovely long weekend planned. . .

In March, Greenberry loaned the Compny £1m and part of the conditions was the issue of warrants. Today 40,303,325 post consolidation warrants at 3p each were issued to Greenberry. There are also a further 140,000,000 warrants (approx) to be issued as a result of the fundraising at 15p each. Hope this helps? . .

The difference that coffee can make lol Today's RNS is about this: "Greenberry have also today entered into a loan agreement with the Company in relation to the provision of a £1 million three year secured loan to the Company ("Loan"). The Loan has a 12% annual coupon and a 5% commitment fee and Greenberry is to be granted 1,538,461,538 warrants, with 113,078,411 warrants granted at the time of Admission and 1,425,383,127 warrants following approval from the Company's shareholders following its general meeting expected to be held at the end of March 2017. The warrants will have an exercise price of 0.12 pence per share which are exercisable at any time up to 9 March 2022" NOT, "The institutional investment will, subject to approval by shareholders, consist of a £10 million placing of new equity to Spartan Fund (a Bahamas based energy specialist institution) priced at or around market on the date of signature of binding \agreements (the "Issue Price") with a 10% commission payable by the Company. The investment will also include a €15 million five year bond from the Company's cornerstone investor, Greenberry plc ("Greenberry"). The bond will carry an 8% coupon, a 10% fee and will be issued at 80% of par. The debt issue is expected to complete around mid-May 2017. The institutional investment will also have warrant coverage. Pursuant to the equity fundraising there will be warrants over 50% of the number of shares issued and will be exercisable for five years at 150% of the Issue Price. Pursuant to the bond there will be warrants over 100% of the number of shares purchasable by €15 million at the Issue Price, exercisable for five years at 150% of the Issue Price." . .

I stand corrected, 12 bagged - too early for maths lol . .

Good morning Absolutely, the OO shares have 300 bagged already (smiley) . .

So, 7.75p as the base for ECHO, and 4.6p for MYSQ . .

In love with shares? Nah lol Save that for my sons, family, and dear friends. As to shares, pragmatic - getting it right sometimes and wrong the others (smiley) . .

Still enjoying the tranquility - collect the boys from school on Friday then back to their mum on Wednesday evening. One of the first things I ever learnt about shares: Never fall in love with them! You do realise that both ECHO and MYSQ are being shorted by the same person? As to the 10 bag, let's use today's closing price, 4.6p . .

Good evening all There appears to be many hopes, dreams, and aspirations dependent on ECHO and while I sincerely wish you all the best in achieving those goals, I would also urge a little caution. It is so easy to get caught up in a rising price believing any acquisition will boost the price ever higher. Often, much is already priced into a share so when there is an announcement there isn't always the anticipated price increase, which can be a disappointment, more so if there is selling on the confirmation of deals. nennyb, your Myanmar holding currently seems to be favourite to 10 bag much sooner than ECHO after today's RNS as that Company could be profitable by the end of June, something that will take ECHO much longer,imo. You are lovely people and it would sadden me to see the wave of euphoria that is being ridden dissipate when reaction to updates isn't what was expected. CPX is a prime example, dropped from 7's to 2's, rose to 13's and is now half the price, despite signing a large licensing fee, winning awards, and impoving product range - nothing is guaranteed, less so on AIM. Good luck with your investments. . . DYOR, always! .

Absolutely, US investors are leading the buying with the UK playing catch-up the next day! Just 80p increase to go for break-even here... then profit! Not even contemplating selling under 500p. . . GL .

Might explain sudden interest and rising price: http://www.reuters.com/article/us-astrazeneca-asthma-idUSKBN1860M3 . .

The market should update at 8am. My thoughts are with all affected by the Manchester atrocity so wrong! . .

Market Cap remains the same, unless price rises or falls (Market Cap is shares in issue multiplied by share price) . .

You did mention buying a boat (smiley) . .

In the Lake District, left boys with their mum lol Unwinding before half-term holiday! Still believe the price will drop over the next few weeks - hope it doesn't for all of you! Who knows, instead of a Bertram, MrMarkyB could consider an Admiral 100 - slightly more room without being ostentatious - recommended (smiley) Roll on 8am tomorrow. . . GL .

"The Company's new ordinary share capital will consist of 246,294,681 ordinary shares of nominal value 0.25 pence each" . .

Should be 17.75, but who knows where it will go? . .