Sound Energy (SOU)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

0.89p
   
  • Change Today:
    -0.039p
  • 52 Week High: 1.43
  • 52 Week Low: 0.64
  • Currency: UK Pounds
  • Shares Issued: 2,043.12m
  • Volume: 3,175,050
  • Market Cap: £18.22m
  • RiskGrade: 409

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Sound Energy resolves tax disputes with Moroccan authorities

By Josh White

Date: Thursday 22 Jun 2023

LONDON (ShareCast) - (Sharecast News) - Sound Energy has successfully resolved its tax disputes with the Moroccan Tax Authority, it announced on Thursday.
The AIM-traded firm said it recently received court papers confirming the withdrawal of cases between Sound Energy and the Moroccan Tax Authority, bringing a definitive end to the legal proceedings.

In May, Sound Energy announced that it had reached a full and final settlement agreement with the Moroccan Tax Authority regarding the tax disputes related to Sound Energy Morocco East and Sound Energy Morocco SARL AU.

The terms of the settlement were outlined in the company's announcement on 4 May.

Following the settlement agreement, the court had now provided written confirmation of its judgment, formally closing both remaining court cases.

At 1447 BST, shares in Sound Energy were up 1.67% at 1.53p.

Reporting by Josh White for Sharecast.com.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Sound Energy Market Data

Currency UK Pounds
Share Price 0.89p
Change Today -0.039p
% Change -4.19 %
52 Week High 1.43
52 Week Low 0.64
Volume 3,175,050
Shares Issued 2,043.12m
Market Cap £18.22m
RiskGrade 409

Sound Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.22% above the market average78.22% above the market average78.22% above the market average78.22% above the market average78.22% above the market average
89.47% above the sector average89.47% above the sector average89.47% above the sector average89.47% above the sector average89.47% above the sector average
Price Trend
24.47% below the market average24.47% below the market average24.47% below the market average24.47% below the market average24.47% below the market average
13.92% above the sector average13.92% above the sector average13.92% above the sector average13.92% above the sector average13.92% above the sector average
Income Not Available
Growth
32.94% above the market average32.94% above the market average32.94% above the market average32.94% above the market average32.94% above the market average
6.12% above the sector average6.12% above the sector average6.12% above the sector average6.12% above the sector average6.12% above the sector average

Sound Energy Dividends

No dividends found

Trades for 12-Jul-2024

Time Volume / Share Price
16:28 1,086 @ 0.92p
16:02 250,000 @ 0.93p
15:38 1,068 @ 0.94p
15:34 223,339 @ 0.90p
15:34 26,595 @ 0.94p

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