Note: All financial figures for Monitise Plc was reported in Pounds (GBP). I will express all important figures in both GBP and USD. Please note that the exchange rate I used was £1=US$1.64- the exchange rate when this article was published.
Monitise PLC (OTCPK:MONIF), the brainchild of entrepreneurs Alastair Lukies and Steve Atkinson, was founded in 2003. It aimed to create a platform that allowed people to exchange money (Mobile Money) anywhere, anytime, using their mobile phones. Since then, Monitise has grown from a simple aspiration to a company worth over £1B, and now, it is favorably positioned to benefit from the rise of mobile phones and the emerging markets. In this article, I detail the factors that...
Only subscribers can access this article, which is part of the PRO research library covering 3,553 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: