EML 2.48% 98.5¢ eml payments limited

re: Ann: Emerchants Completes $7.5M Capital R... I dont know if...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 793 Posts.
    lightbulb Created with Sketch. 6
    re: Ann: Emerchants Completes $7.5M Capital R... I dont know if the market likes the capital raising per se.
    I think the market likes the fact that existing insto's wer ekeen, new insto's got involved and the end result was an oversubscribed issue.

    I like this like from the announcement: This is a significant milestone and achievement for the Company. emerchants does not envisage
    needing to raise any further capital prior to becoming cash flow positive.

    It shows managements confidence of becoming cash flow positive very soon....
 
watchlist Created with Sketch. Add EML (ASX) to my watchlist
(20min delay)
Last
98.5¢
Change
-0.025(2.48%)
Mkt cap ! $252.1M
Open High Low Value Volume
$1.03 $1.05 97.0¢ $3.457M 3.477M

Buyers (Bids)

No. Vol. Price($)
2 16616 97.0¢
 

Sellers (Offers)

Price($) Vol. No.
98.5¢ 87373 7
View Market Depth
Last trade - 16.10pm 02/12/2024 (20 minute delay) ?
EML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.