HUM 2.11% 46.5¢ humm group limited

Ann: HUM - HCF Sale - letter to shareholders, page-6

  1. 28 Posts.
    lightbulb Created with Sketch. 15
    Doesn't look like the board members are intending to fall on their swords. But at least it looks unlikely we will need a capital raise.

    "As I have said, HCF contains a number of high-quality businesses. While the past 24 months have been characterised by the pursuit of growth in BNPL, the focus – across Humm – is now firmly on profitability under the Board as presently comprised.


    Humm has a portfolio of world class businesses and a fantastic team of passionate and committed employees. The Company is in a strongly capitalised position with surplus unrestricted cash and no drawn corporate debt."

    Hope everyone picked some up sub 50c.

    DYOR
 
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