By Tom Winnifrith, The Sheriff of AIM | Tuesday 17 December 2019
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.
I guess things are getting rather tight at Sound Energy (SOU). A source close to the situation tells me that former boss turned consultant James Parsons is trotting around the City trying to raise cash and telling folks he has just 48 hours to complete the bailout or it’s too late. So: what’s the price? It gets worse...