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.
With its shares having crashed from 80p in early 2014 to 2.68p at the start of this month and having announced a self-declared “disappointing” financial performance last month, Monitise plc (MONI) has this month responded by… ‘awarding’ options “to directors and employees of the company in respect of the Monitise Performance Share Plan”!?! …
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Comments
drunken sailor
I think it is a very positive sign. If you read it right they are really saying the directors are confident that shareholders won’t lose as much as another 66% of their money between now and 5 Dec 2018. Far more positive than Tom’s predictions! My money would still be on Tom knowing more than the directors though.