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QVG Capital Increases Stake in EML Payments Ltd.

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QVG Capital Increases Stake in EML Payments Ltd.

An announcement from EML Payments Ltd. ( (AU:EML) ) is now available.

QVG Capital Pty Ltd has increased its stake in EML Payments Ltd., acquiring an additional 6,384,955 shares, which raises its voting power from 5.69% to 7.32%. This acquisition signifies a growing interest in EML Payments, potentially impacting the company’s market position and indicating confidence in its future performance.

More about EML Payments Ltd.

EML Payments Ltd. operates in the financial services industry, providing payment solutions including prepaid cards, virtual accounts, and other payment technologies. The company focuses on offering innovative payment solutions to various sectors, enhancing the way businesses manage their payments.

YTD Price Performance: -10.77%

Average Trading Volume: 20,166

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $229.5M

See more insights into EML stock on TipRanks’ Stock Analysis page.

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