I usually don't involve myself in EML forum as I have...

I usually don't involve myself in EML forum as I have believed we had a good reasonable contributors.

However I find it appalling some of the comments made by some of the contributors.

1) some are comparing eml to BNPl stock and have invested money in it . there goes your due diligence in the bin .
2) A company that generates under 30% of your revenue and some comparing this to go around $1 in next few days it's just utmost stupidity.

3) There have been laundering cases against other organisations and historically couple of things have decided
a) have they done this purposely I.e they have been warned and they didn't took any action
b) did they had any checksums for
stop this and if they failed why .
c) Did they hide from auditors in the past .

Now as far as I understand EML we're not privy to all three . PFS before they were acquired were they - time will tell .

And do keep this in mind any actions against would impact around 200 employees in Ireland ( COVID times that a big number to be out of a job )

Also other businesses that are dependent or serviced by EML .

On a happy note - increased my stake to 33% to what I had yesterday .

if it goes below 2.70 will buy more .

Not a financial advice , DYOR and all above is in my opinion .