Jan 18 (Reuters) - EML Payments Ltd (EML) :
- EML PAYMENTS TO EXIT 'PCSIL' BUSINESS
- LIQUIDATOR HAS BEEN PROVISIONALLY APPOINTED BY HIGH COURT OF IRELAND WITH IMMEDIATE EFFECT TO CONDUCT WIND DOWN
- GOING FORWARD, EML'S REMAINING EXPOSURE TO PCSIL IS LIMITED TO A$20 MILLION OF CASH OUTFLOW BEING REPAYMENT OF INTERCOMPANY BALANCES
- GOING FORWARD EML'S REMAINING EXPOSURE TO PCSIL IS LIMITED TO ABOUT A$25 MILLION NON-CASH IMPAIRMENT TO FY24 FINANCIAL ACCOUNTS
- FOLLOWING CONCLUSION OF LIQUIDATION & REPAYMENT OF INTERCOMPANY BALANCES, EXPECTS FREE CASH FLOW TO MATERIALLY IMPROVE
- PCSIL WILL BE DECONSOLIDATED FROM EML GROUP EFFECTIVE 16 JANUARY 2024
- WIND DOWN OF PCSIL NOT EXPECTED TO IMPACT ON PREVIOUSLY STATED FY24 GUIDANCE
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Last
$1.01 |
Change
-0.005(0.50%) |
Mkt cap ! $389.8M | |||
| Open | High | Low | Value | Volume |
| 99.5¢ | $1.02 | 99.5¢ | $274.4K | 271.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 22574 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 13742 | 11 |
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| Last trade - 11.31am 11/09/2025 (20 minute delay) ? |
| EML (ASX) Chart |