Sondrel – interims include “will have sufficient funds… for a period of at least 12 months”. Will it though?…
By Steve Moore | Thursday 21 September 2023
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
‘Fabless semiconductor company providing turnkey services in the design and delivery of 'application specific integrated circuits' and 'system on chips'’ Sondrel (SND) states that it “is pleased to announce its results for the half year to 30 June 2023” and headlines these “Strong financial and operational progress; positive medium-term outlook”. So what of a share price currently further down to below 14p?
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