HUM 1.81% 81.5¢ humm group limited

They have simply purchased loans from Humm's commercial business...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,608 Posts.
    lightbulb Created with Sketch. 1276

    They have simply purchased loans from Humm's commercial business flexicommercial - which remains the collector and manager of the loans, but flexicommercial gets a big chunk of the original funds back to re lend. It points to the quality of the flexicommercial loan book but may or may not have had much to do with the SP rise except for the presence of the article IMO
 
watchlist Created with Sketch. Add HUM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.