Poster 'puppyeh' made a decent analysis higher up this thread.
I've always been of the opinion that once the CBI anchor is cut away, EML would become a takeover target for a player wishing to either enter or expand into the payments space.
I don't want to dampen the party here, but the market sold down from 1.10 or so based on the announcement that EML was going to focus on its core business rather than expand. The market loves the coccaine of growth and expansion.
I think EML is still in challenging territory, despite loving its core business. I really do think the company will get bought out, but it's going to take a lot of patience.
Ann: EML Payments to exit 'PCSIL' business, page-39
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Last
$1.03 |
Change
0.013(1.23%) |
Mkt cap ! $387.1M | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.04 | $1.02 | $118.1K | 114.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 9582 | $1.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 24966 | 8 |
View Market Depth
| Last trade - 10.50am 10/05/2024 (20 minute delay) ? |
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Last
$1.03 |
Change
0.013 ( 1.54 %) |
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| Open | High | Low | Volume | ||
| $1.03 | $1.03 | $1.03 | 3953 | ||
| Last updated 11.08am 10/05/2024 ? | |||||
| EML (ASX) Chart |