Monitise Plc (MONI) May Hasten Slowly On Its LSE Main Listing

Shares of Monitise Plc (LON:MONI)(OTCMKTS:MONIF) are listed on London’s AIM, an international bourse owned and operated by the London Stock Exchange for smaller growing companies. Monitise is a mobile money processor – and specializes in technology for banking, paying and buying with a mobile device.

Listing on AIM comes with some significant advantages for companies such as Monitise, which start off small, possess a world-beating technology, and need the visibility of an exchange listing to attract investors until their business becomes profitable. AIM has a simple admission process, there is no need to be incorporated in the UK, and the stock can be traded in any liquid currency of the issuer’s choice. While the company is required to announce...