Difficult to gauge but sum of parts is hopefully more than the whole. When Tabcorp de-merged the Lottery Co, the fall in Tabcorp was $4.29 from close figures and the close of The Lottery Co was $4.70, so shareholders gained $0.41 more or less.
So if we are $0.70 and say LFS plus cash is worth $0.616, the technical drop should be same amount of what's removed from each share to a price of $0.084. But the thing is, it has between $0.07 - $0.16 in cash left over plus the value of the commercial business.
Market does strange things but if it drops to $0.084, i gonna try and find monies somehow to buy as much as I can of HUM.
But DYOR, I'm still waiting for the snail mail.
Ann: Shareholders to vote on Humm Consumer Finance transaction, page-133
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Last
48.5¢ |
Change
0.010(2.11%) |
Mkt cap ! $238.3M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 49.0¢ | 47.0¢ | $114.0K | 238.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 2682 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| HUM (ASX) Chart |