I guess should point out not to to be too negative, MONI do have useful patents, and good clients and also a nice revenue stream, so there is hope in the storm.. if you are prepared for the long term.
Really, I wouldn't waste my time with this anymore. No profitability = no new investment without dilution and no growth means no ROI or devaluing at best. I suspect the price will go a bit higher in the future if they sort themselves out. But dont expect 10p anytime soon!
If the could be and maybe turns out to be correct then Chepica's new mining area 100000 oz gold is worth 140M USD if they can get it out of the ground plus the other prospects it will be quite a share to hold
What's not to like here? Panic selling last couple of days due Eurozone issues took price down but it's not even exposed to the issue. Projections for the acquisition cashflow are good. Depsite the dilution. One for the ISA.
I particularly like the way Monitise is partnering up and diversifying the core business.
A very Confident looking buy came in recently. Interesting.
Hey gm, thanks for the lead first and foremost, looks interesting from the sheer risk reward perspective maybe worth a punt, but for short term investment purposes, the outcome and timeline here is far from certain. Might be worth a small holding as part of a diverse portfolio.
There is no doubt that this company is at a turning point in its fortune. The sentiment is there, the resources are there and the directors are making the right kind of diligent decisions. With profit on the near horizon and investments being built to diversify the risks in single operations, what is not to like.
With operational costs covered and massive potential on the horizon for the well known assets plus the very interesting "hidden gems" this is one great ground floor opportunity. SOU is maturing, making excellent decisions and following it's core strategy as planned with plenty of free cash. With world class people on board this has to be the most exciting period for this company.
A lot more confidence this time around that this company is executing its strategy along with expectation. If price drops at all from here given the investment potential I would be very surprised.