I've taken up a large position in EML over recent weeks at an average of $4.30.
I did very well out of the poor cousin ISX this year and love the payments space.
The recent acquisition by EML is impressive. In addition to scale, their licencing, tech and diversitity of sector/vertical coverage is significantly improved as a result. They also appear to have acquired quality staff/management in the process.
Closing auctions have been interesting to watch in recent sessions. A bit of a dance/changing of the guard playing out - Asx200 focused funds are taking up their allocation and those small cap focused are moving on. In addition I think some larger current holders may also be selling some of their SPP allocation to reduce their overall portfolio exposure.
Either way, large volume auctions with plenty of large buyers stepping up. Selling is due to stop any day now IMO and then we should see a run over $5.
A Game Changer, page-77
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Last
89.5¢ |
Change
-0.035(3.76%) |
Mkt cap ! $335.7M | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 92.0¢ | 88.5¢ | $1.951M | 2.159M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12355 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.0¢ | 11388 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| EML (ASX) Chart |