EML 4.08% 70.5¢ eml payments limited

Ann: EML to acquire PFS on renegotiated terms, page-7

  1. 279 Posts.
    lightbulb Created with Sketch. 44
    Given the govt stimulus Prepaid products should do well (or at east not terribly) when the economy opens up again........ buying an asset at 50% previously agreed prices has to be a good thing assuming strategic rational is still there.
    How are they paying for it? If equity and acquisition cash flow +ve then should be ok over the 6-12mth time frame
 
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