EML Payments Ltd. (AU:EML) has released an update.
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QVG Capital Pty Ltd has acquired a substantial shareholding in EML Payments Ltd, purchasing 9,858,837 shares. This acquisition represents a significant investment in EML Payments, reflecting confidence in the company’s prospects and potential for growth in the financial market. The purchase, valued at approximately $8.9 million, increases QVG Capital’s voting power to 5.69%.
For further insights into AU:EML stock, check out TipRanks’ Stock Analysis page.
