Humm claims to be the second largest commercial financier in Australia.
Who is the largest commercial financier in Australia?
Which companies follow Humm on the commercial side of the business?
Why is Humm holding onto so much unrestricted cash, $113m.
Is there a possibility of a merger or takeover of Humm's Flexicommercial assets?
And then we have Duncan Saville,
Amid the chaos at Humm Group, it emerged that entities associated with secretive investor Duncan Saville and Thorn Group had been buying shares to lurk on the share register with a key stake.
Entities associated with reclusive investor Duncan Saville are understood to hold just under 5 per cent of Humm. James Alcock
In a move that could further complicate a delicate situation, sources said the entities were sitting just below the 5 per cent substantial mark and had been buyers in the past six months.
Saville’s no stranger to consumer lending businesses. His Somers Limited owns 19.9 per cent of Thorn, which in turn owns a leasing business born out of the old Radio Rentals, which is a competitor to Humm’s commercial leasing business.
Saville is also a major investor in non-bank lender Resimac, which has a sizable asset finance division.
So what will the future bring???
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