Malcy's RNS comment..27 Apr 2023 16:31
... I see this as further good news from Sound, Attijariwafa completing their DD is a good sign and as is often the way with big banks the approval process is quite rigid. The moveable feast of Eid seems to have got in the way of a scheduled meeting but I can’t imagine that with exclusivity good for another month that anything but an offer will come. This is too big a prize for the state Bank to lose out to a competitor as lead arranger.
The management continue to deliver and this is another key yardstick, progress has been solid and there are many who wouldnt have expected so much by now. With the shares having doubled since the start of the year and looking to go past the significant 2p milestone I think Sound should very much be on people’s radar screens.