Sound Energy (SOU)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

0.82p
   
  • Change Today:
      0.040p
  • 52 Week High: 1.96
  • 52 Week Low: 0.64
  • Currency: UK Pounds
  • Shares Issued: 1,993.12m
  • Volume: 760,400
  • Market Cap: £16.34m
  • 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 0.82p
Change Today 0.040p
% Change 5.13 %
52 Week High 1.96
52 Week Low 0.64
Volume 760,400
Shares Issued 1,993.12m
Market Cap £16.34m
RiskGrade 409

Sound Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
77.82% above the market average77.82% above the market average77.82% above the market average77.82% above the market average77.82% above the market average
78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average
Price Trend
70.84% below the market average70.84% below the market average70.84% below the market average70.84% below the market average70.84% below the market average
39.02% below the sector average39.02% below the sector average39.02% below the sector average39.02% below the sector average39.02% below the sector average
Income Not Available
Growth
27.94% above the market average27.94% above the market average27.94% above the market average27.94% above the market average27.94% above the market average
16.98% below the sector average16.98% below the sector average16.98% below the sector average16.98% below the sector average16.98% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Sound Energy Dividends

No dividends found

Trades for 26-Apr-2024

Time Volume / Share Price
15:09 119,085 @ 0.83p
15:05 100,000 @ 0.80p
14:57 3,045 @ 0.81p
13:37 153,339 @ 0.84p
12:53 250,000 @ 0.84p

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