IG Markets writes the below from Macquarie:
Our current forecasts only incorporate ~60-65% of the earn-out being achieved, however should the earn-out and modest levels of growth be achieved thereafter there’s an additional ~25-30% of valuation upside to our expectations.’Despite that cautious view, the investment bank raised their price target on EML to $6.20 from $5.70 in response to the acquisition announcement, while maintaining their Outperform rating.
eg 25% upside from $6.20 = $7.75
https://www.google.com.au/amp/s/www.ig.com/au/news-and-trade-ideas/is-eml-payments-worth--6-20--210408.amp
Ann: EML Acquires Sentenial Ltd & enters the Open Banking Market, page-36
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Last
73.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $276.6M | |||
| Open | High | Low | Value | Volume |
| 73.5¢ | 74.3¢ | 72.5¢ | $733.0K | 997.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 51833 | 73.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.0¢ | 10000 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| EML (ASX) Chart |