(Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.)
I first wrote about Monitise (L:MONI) and its prospects in June when the stock was trading around 36 pence and commented on their full year results in September.
MONI.L now trades at 75 pence and just released its 6-month numbers.
This article should give a perspective on recent developments and examines if the investment thesis for this mobile payments leader is still intact and where its stock could be heading after doubling over the past 8 months.
Newsflow of the past six months
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