With the number of good news on EML last few weeks, who'd think...

With the number of good news on EML last few weeks, who'd think we are now seriously talking  1.40... What a time to be a small cap growth investor eh? =)))

- Signing McMillan Shakespeare Ltd, which is to increase AUS reloadable volume by 40%;
- Signing payout card in Canada
- Both SportsBet and Ladbrokes parent company reported their Aussi arm well outperforming in Q4 CY16 (http://www.smh.com.au/business/gambling-companies-thriving-in-australia-20170125-gty8gb.html).

Yet mkt could not shake off
- GBP depreciating 20% from H1 FY16;
- Not sure about just how much cash spins out of US;
- Not sure how low the non gaming aus reloadable has gone;
- not sure how the inplay ban will reduce aus reloadable (note both sportsbet and williams hill have quantified inplay gaming is about 15% of their revenue).

In my mind, only the US cash generation is true question to look out for!