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Why the EML Payments (ASX:EML) share price is crashing 52% lower – The Motley Fool Australia

The EML Payments Ltd (ASX:EML) share price has lost over half of its value on Wednesday morning. Here’s why its shares are crashing…

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The EML Payments Ltd(ASX: EML) share price has returned from its trading halt and is crashing lower.
In morning trade, the payments company’s shares are down a massive 52% to a 52-week low of $2.47.
Why is the EML Payments share price crashing lower?
Investors have been selling the company’s shares this morning after it revealed that its Irish regulated subsidiary, PFS Card Services Ireland Limited (PCSIL), has received correspondence from the Central Bank of Ireland raising significant regulatory…

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