Echo Energy (ECHO)

Sector:

Energy Producers

 0.003p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.038
  • 52 Week Low: 0.003
  • Currency: UK Pounds
  • Shares Issued: 18,687m
  • Volume: 0
  • Market Cap: £0.58m

Echo Energy shares suspended as it discusses farm-in offer

By Josh White

Date: Monday 30 Oct 2017

LONDON (ShareCast) - (ShareCast News) - South and Central America-focussed upstream gas company Echo Energy responded to a recent share price movement on Monday, confirming that it was in discussions in relation to a potential farm-in by the company into certain onshore oil and gas assets in South America.
The AIM-traded firm said that, by virtue of its size, the proposed transaction would constitute a reverse takeover under Rule 14 of the AIM Rules for Companies.

"Accordingly, the company's ordinary shares will be suspended from trading on AIM with effect from 0730 GMT today, pending publication of an AIM admission document and circular to shareholders to approve the proposed transaction or an announcement that the proposed transaction has been terminated," the Echo Energy board said in its very brief statement.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Echo Energy Market Data

Currency UK Pounds
Share Price 0.003p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.038
52 Week Low 0.003
Volume 0
Shares Issued 18,687m
Market Cap £0.58m

Echo Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
27.00% above the market average27.00% above the market average27.00% above the market average27.00% above the market average27.00% above the market average
47.37% below the sector average47.37% below the sector average47.37% below the sector average47.37% below the sector average47.37% below the sector average
Price Trend
98.5% below the market average98.5% below the market average98.5% below the market average98.5% below the market average98.5% below the market average
95.06% below the sector average95.06% below the sector average95.06% below the sector average95.06% below the sector average95.06% below the sector average
Income Not Available
Growth
36.52% below the market average36.52% below the market average36.52% below the market average36.52% below the market average36.52% below the market average
53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average

Echo Energy Dividends

No dividends found

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

Echo Energy Key Personnel

CEO Stephen Birrell

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