EXPOSE: As a rule of thumb Sound Energy *ALWAYS* fecks over its shareholders!Sound Energy (SOU) issued an RNS on Friday morning indicating that £500,000 worth of convertible loan was being converted at a fixed price of 2.25p. At first glance this looks really strange, as the prevailing share price is 1.05p and hence the bondholder appears to be locking in a loss. However....
- By Evil Banksta
- 2023-09-02 09:35:29