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A Bertram 60, perhaps? (smiley) . . GL .

Hi all, good to see you sitting on nice profits, long may it last! As the price closed at 0.71p today, the consolidated price in the morning should be 17.75p (0.71 x 25). With the OO shares at 0.068p having already 10-bagged, how many will consider locking in some of that profit? . . GL .

How you aged me lol Not 24 years ago, but when I was 24 - subtle difference (smiley) Your repurchase in MYSQ is a prime example of "luck", buying before the unexpected RNS - long may it last for you. Having seen the demo, both my sons are pestering me to get MyHero for them. If that's not a recommendation as to the potential, I don't know what is... I rather like it too lol Unfortunately for your ECHO holdings it closed down again today, maintaining the general trend. I still believe it will be sub 0.4p at close on Friday. Longer term, it could rise into acquistion news. Chat soon. . .

Excellent timing buying back before the warrant news http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/MYSQ/13227555.html Should rise again fairly quickly, imo. .

I "retired" two weeks after my twenty-fourth birthday, never having worked apart from a weekend milk round for a couple of years during my teens. (Yes, they still have them today but far fewer lol). My father's suggestion, to instil a "work ethic" - a paper round was considered but quickly dismissed as it meant getting up early seven days a week and the pay was substantially less! MyHero: https://www.youtube.com/watch?v=885pIf_o7zQ&feature=youtu.be https://twitter.com/mysquar . .

nennyb, hello again (smiley) l don't work, (not unemployed which is totally different lol) so once my sons have gone to school or are tucked into bed, I'm freeish to research and post. The MYSQ retrace is interesting in that it appears to be MM-led letting them take profits on the way down and even more on the way back up when My Hero – Bo Lattae goes viral, imo. Instead of giving tips, three of my longer-term holds are EQT, MTFB, and ZEN, as ever always do your own research as we might have different risk and investment strategies. Nice try BollyR lol and I definitely will once the purchase goes through (1m shares to start with). Good luck and even better health to all . .

Always a pleasure to discuss the how, why, and where - thank you for your comments. The RNS appears to be of more benefit to Greenberry in giving them a further tranche of warrants at minimal risk to their investment. This made me smile purely for its verbosity, "at a purchase price equal to the closing mid-market price on the business day immediately prior to the date of the general meeting of the Company to be held 22nd May 2017". Why not just say, "On May 19"? There are still four trading days for the price to change! As to warrants, they allow the holder to take advantage of a rising price at some future date. When exercised it brings additional funds to the Company, usually at a discount to the current share price. Once the shares are allocated, these can be sold into the market. For example, if a holder has 1,000,000 warrants with an exercise price of 10p and they convert them into shares when the price is 20p, the Company receives £100,000 and the warrant holder 1,000,000 shares which can be sold, potentially reducing the the price. The greater the number of warrants as a percentage of shares issued, the greater the potential negative impact on the then price. The beauty of warrants to the funder is that not only will they make profit on the initial funding, they get a second bite at further profits when converting them into shares. As they are issued at nil cost to the holder, with no obligation to convert, it's win-win either way for them. By Friday, it would be unusual if the share price wasn't below 0.4p, imo. But there again, it might defy convention. Quickly changing the subject lol I placed three incremental GTC sell orders on one holding, which if completed will top slice some of the current profits and leave me with a seven figure (shares) holding at no cost. Part of the reason was to invest in a Company which has the potential to give an even greater return than the one being top sliced. I'll let you know which one once the first buy has gone through. Good luck with the consolidation for ECHO next Tuesday. . .

Hi NavTech The one source of constant reading from my childhood onwards has been the Financial Times, always asking for advice on sections that I didn't understand (virtually everything for some time lol) or the relationships between what appeared to be disparate topics. Contrarian perspectives were welcome and encouraged for information that may have been overlooked - a sort of devil's advocacy to bring a balance between all positives vs all negatives and vice versa. As to trading, I am unable to help because I don't have the time, patience, nor inclination to sit in front of a screen for nine hours a day to possibly make a small percentage profit. A web search will give many books on the topic. For the majority of my father's generation it was simply selecting stocks with steady growth, a reasonable dividend and leaving it alone. A fairly safe investment strategy then. I also prefer to hold for the longer term and in some stocks with much higher risk but with the provisio of reviewing when a target price is achieved, and continue to hold, partially sell, or sell all and move elsewhere. One of the joys of internet investing. Finally, after researching a Company luck and intuition can play a part. Having read the Games Workshop Prospectus, some time later I walked past one of their shops - not a route I'd normally take, not only was there a queue outside, there were many inside painting and playing quite happily. I got home, invested, and sold out just before the price fell, lucky in that the price target had been achieved. Conversely, an intuitive investment based on a single product which appeared to have excellent "green" potential is currently down 61%. Sales for this product (the Company's sole focus now) are finally increasing. It was belief in the product, and not the management, which was why I invested there about 18 months ago - a high risk investment which might not reach break even for years, if at all (it was wriiten off when dealings were suspended so any improvent is welcome lol - only a small percentage of overall portfolio invested, more than covered by gains elsewhere, luckily). As to advice, only ever invest what one can afford to lose, and be prepared to lock-in at least some profits regularly. . . Let's see what this week brings. .

Ah Grasshopper No apology needed as it was more bemusement, and certainly not upset, at your comments. I started to learn about investing from my father when I was 6 or 7 years old, something that I continue with my sons, aged 10 and 11. Their comments, observations, and questions are always welcome, sometimes bringing a fresh perspective to jaded cynicism. "Why buy this, why sell that, or why avoid another, Daddy?" Justifying the reason keeps one grounded, as there is no right or wrong answer. If an investment loses value, or gains, there are always historical examples: Polly Peck; Ratners; Quindell; Microsoft; Berkshire Hathaway; and BooHoo, to name but a few. In the end it's hoping that the gainers outweigh the losers, based on ones ongoing learning - the day that I stop learning is when I'll move out of equities! Mutual respect is a given and I look forward to a long, and hopefully productive, discussion on the pros and cons of ECHO, some of which we may even agree on (smiley). Wishing you every sucess going forward. . PS Both my sons' Play Portfolios are doing better than my actual ones - it won't last lol .

The comment was not about personal investing methodologies, as everyone should have their own. It was a pragmatic, perhaps cynical, suggestion that it is always the institutions that achieve their price to invest instead of private investors. Checking the daily price movement has absolutely nothing to do with reconsidering ones thoughts but seeing what is happening when there is an upcoming placing: with ECHO it is going down. Is this simply a lack of interest from private investors or an attempt to reach the target price for the institutions? Simply trusting to the management while being deaf to news and blind to market movement is not for me, sorry. Good luck with your investments, while I eagerly await Company updates and the actual issue price notification. . .

Good morning. With £10 million to invest, which price gives Spartan Fund the best value, 0.3p or 0.4p? The same applies to the Greenberry Warrants - exercise at 0.45p or 0.6p? "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" Without the Spartan Fund and Greenberry investments, where is the value for shareholders? . .

Belief in a Company does't automatically imply a belief in the current share price,imo For example, the believers who paid 0.63p on April 25 will need a price of 1.26p for it to double, whereas those who purchased for 0.42 on Friday will see it treble at the same 1.26p price. Believers buying next week may even see an even higher return. As an investor, not a trader, paying 0.42p would substantially mitigate the risk for an even greater reward. Should the price continue to fall next week, the risk is lessened further. . . GL .

Good morning, nennyb, perhaps they were awaiting my reply? lol . .

The price on April 24 was 0.54p, three weeks later it is 0.41p. On May 23, 1,007,583,127 warrants to be issued to Greenberry following the General Meeting pursuant to the loan agreement entered into with Greenberry on 3 March 2017. Spartan Fund will want as many shares as it can get for the £10m, possibly at a discount to the actual price? "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" Time to await the actual "issue price", which might be less than the current 0.41p price - who knows? . . GL .

* indicate the price trend... . Must remember to proofread before hitting "Post" button lol .

nennyb, Please have a look at the "3 Month Echo Energy Share Graph" on the ECHO page. It was also down again today. The price next Friday might indicate the price the consolidated shares will open on the 22nd. .

For the reasons given - still too many OO shares floating around at 0.068p. Others believe there will be apremium, the answer could be between the two. . .

You are very welcome, but are you going to listen about ECHO? lol . . GL .

Not currently thinking about buying, but will reconsider if post-consolidation price is in the 4.5p to 5.5p range in the weeks that follow. The expectations of a large rise on acquisition news are believed to be too high, imo, as they appear not to recognise the time required to fully integrate and maximise any potential benefits, more so if a premium is paid for assets, distressed or otherwise. Perhaps, more patience is needed until the full details are available? With the continuing re-rate of MYSQ, any gains could be used to offset buying ECHO, if indeed the price increases. As it stands, MYSQ appear to offer a better return on investment, imo, BWDIK? Don't forget, DYOR! Good luck . .

0.54 to 0.40 is nearly a 30% drop in just under three weeks. If the 0.068p OO shares start being sold to lock in profits, the falling price will snowbal, imho ... time will tell. 5p/6p was a no-brainer - how long before 10p-plus? In the next couple of weeks they should be cash flow positive, and once notified the discussion will turn to profitability. That is when the price action will make this week's look mediocre, imo. . Enjoy the speculation (smiley) .