HUM 2.27% 45.0¢ humm group limited

Ann: Shareholders to vote on Humm Consumer Finance transaction, page-76

  1. 4,926 Posts.
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    I think people are letting greed get to them. The assumption is that LFS is so desperate for Hum that a no vote will see them crawling back for a higher bid. If it doesn’t happen you could find AA managing to get people together to take it private at sub $1 a much worse deal than the current one. Especially if the share price drops to 40c based on the deal collapsing.

    I am voting yes - if the big guys can convince LFS to sweeten the deal, great, if not I will take the only one around. Still backing John Wylei’s judgement on this.
 
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