Ann: FY21 Results Announcement, page-8

Share Price = $0.94

Book value / share = $1.39

HUMM is trading at a 67% discount to book value!! That means if you buy at current price, you get $1.00 for $0.67

Earnings per share = $0.12
Returns based on $0.94 share price = 12.7% RETURN PER year POST TAX!

Equity Growth 2020 - 2021 = 31.2%

Guys what am I missing here. How is it possible to have a profitable stock trading well below the net worth of the business, return over 12% / year, and growing it's net worth at 30% / year???

The only defence one could have is that revenue growth lacked, but revenue growth will come in the future with expansion of our products. And in the mean time, one gets all the above treasures.

Guys, what am I missing, this should be trading well north of $1.50....