share price copping a hammering, page-56

great find boony. There’s been a lot of talk about what eml is transforming into and at this stage you either keep looking in the rear view mirror at the gift car company or you look forward at a payment platform company. Time will tell which is correct and if they can deliver. Have a read of the below... we have a business generating some serious cash and with a ton of cash sitting on balance sheet so TC has a lot of fire power to nibble on more Finlab opportunities.

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Over 1,150 stories about EML's new investment wing, FINLAB, have already appeared around the world. It's an area Tom loves discussing. ''We often compete with companies where the money is no object. They can hire as many IT Engineers and staff as they like. Accelerator and FINLAB give us an excellent opportunity to make sound investments in technology. I love the view that we can have one touchpoint with our customers to provide them with a global reach.''Our competitors can't support their clients internationally in this manner, and that gives us a distinctive edge. A winning global product suite offering from Day 1 within an innovative and exciting tech eco-system is how we will prosper down the track. Then, it's as simple as plugging in additional solutions from our partners to choose from an already impressive portfolio as appealing as an assortment of chocolates. This could double our chances of closing any deal with an array of value-added solutions and shifts our mentality from a processing mindset to a product mindset.''
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