EML Payments sees a ‘third of its value’ wiped out on ASX
Sky News Business Editor Ross Greenwood says EML Payments has seen a third of its value “wiped out on the ASX” today as it reported lower than expected profits and operational difficulties, especially in Europe.
“EML is a payments company that provides digital wallets, prepaid cards and gift cards here and around the world,” he said.
“The shares never recovered after last year’s fall and are now almost 60 percent lower than they were before the collapse last year.”
( Source : Sky News Australia Youtube Channel )
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