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.
Mobile payments and messaging company Fonix (FNX) states that it “is pleased to provide an update on trading for the year ended 30 June 2025”. However, the shares most recently closed at 216p comparing to above 238p at the start of its year and what about them currently further down, below 210p, on the back of the trading update?
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