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
$1.13 |
Change
-0.008(0.66%) |
Mkt cap ! $432.3M | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.16 | $1.11 | $377.4K | 332.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 36026 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 3182 | 4 |
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| Last trade - 13.35pm 28/07/2025 (20 minute delay) ? |
| EML (ASX) Chart |