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Sondrel – bailout funding discussions “now at a very advanced stage”, though they need to be more than that very soon…

By Steve Moore | Friday 1 March 2024


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.


Semiconductor company Sondrel (SND) has announced that discussions for it to be provided with a £0.9 million convertible loan note “are now at a very advanced stage”. What of this and the further details of it from a most recent close 9.75p share price?
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