In 2015 I hypothesised this was a business in its second inning, awaiting confirmation that management could deliver the things they had proffered, like a UK wagering deal (tick), and salary packaging deal in Aud (tick).
I suggested that as long as they continued to establish new verticals here and overseas (double tick, with the surprise acquisition of the US business), we'd probably enter the third inning without too much to worry about. That was 2 years and $1.50 ago, and look where we are now.
Thankfully I took my own advice and have been buying consistently over the past few years, and now have a very comfortable parcel.
Welcome to the fourth inning.
"There's plenty of time (10 to 15 years in some cases) between the third and the seventh innings, which is where the 10- to 50-baggers are made."
EML Price at posting:
$1.98 Sentiment: Buy Disclosure: Held
(20min delay)
