Ann: LFS: Latitude and Humm terminate sale agreement for HCF, page-105

Difference is absolutely obvious. Namely the deal was done at the height of the tech mania in mid 2021. If it was today would have been a very different story. LFS would say they got a unique fintech that has enabled them to modernise their personal loan origination platform (and write variable rate rather than just fixed rate loans). In truth though if they had waited 6-12 months they could have bought it for MUCH less money.

Seriously its like nobody here looks at correlations between assets, macro conditions or performance factors that drive share performance.

Also can we cool our jets on asking the board to resign? Look at the market people. We are going into a global recession with an ever increasing chance of a financial crisis as the cherry on top.

Humm is an intermediary that relies on its relationships with banks / real money funders and merchants (or brokers in the case of commercial). Losing your MD and experienced and credentialled board of directors in that environment doesn't create value. It destroys it. Big time.