Fully agree. In addition I just want to point out Tom’s thinking.
He said, and I rephrase “increased compliance cost means we need to seek out more cost effective measures”.
Weeding out less margin businesses improves quality of customer over time. It also forces one to look for profitable accounts. This also gave a glimpse of what kind of restriction CBI gave. Probably on number of account sign ups etc.
Fact is - compliance for fintech or new payment tech is here to stay. EML is almost through that hurdle. New entrants will face the same issues, so that provides some competitive moat for EML.
Fully agree. In addition I just want to point out Tom’s...
-
- There are more pages in this discussion • 78 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
93.0¢ |
Change
0.010(1.09%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 92.5¢ | 94.0¢ | 90.8¢ | $885.4K | 954.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 385011 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 5047 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| EML (ASX) Chart |