Ann: EML Announces New Managing Director and CEO, page-57

In its half year report, EML said it has made “significant progress in completing the remediation plan to address concerns raised by the Central Bank of Ireland in May 2021”.In November last year EML said the Regulator here eased the restrictions on the launch of new products by Prepaid Card Services (PCSIL). EML subsequently launched 22 new programs in December.EML said that although the CBI’s investigation has not been finalised, it is “working cooperatively with the CBI to address its concerns and has developed a remediation plan that it expects to be finalised in mid 2022”.

i dont know - one expensive screw up that might cost AUD $20mill when all is said and done, including the lawsuit from our own fellow shareholders.

but i think its recoverable.

the CBI issue isnt new, and seems only positive progress has been made, so what are your ongoing concerns?

or you are just annoyed because the share price has gone from $6 to $1. which is a fair emotion, but not a fair analysis.