If EML, the publicly traded Australian payments firm, hoped that the publication of its strategic review would mark a turning point for the embattled business, it was mistaken. Within hours of the review being presented to shareholders, EML Payments shed almost a third of its market value. Once again, the chief concern centred on Ireland, with analysts stating overnight that the strategic review failed to convince investors that it had overcome its regulatory problems in Ireland. The main issues relate to Prepaid Financial Services, the Irish firm that it acquired in March 2020 for €148 million. EML disclosed earlier this…

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