IMO the problem is that unless a business is growing its cash flows by 15%+ per annum, then given the rate of currency debasement going on in Australia and around the world an investor is effectively losing purchasing power. Yes, Humm Group is highly profitable, but it's not growing that fast, and it won't until the legacy businesses are offloaded and Humm and Bundll are taken international. I'm sure John Wylie gets this, perhaps we could offload certain legacy members of the board who don't.
IMO the problem is that unless a business is growing its cash...
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Last
84.5¢ |
Change
-0.005(0.59%) |
Mkt cap ! $417.9M | |||
| Open | High | Low | Value | Volume |
| 84.5¢ | 86.0¢ | 84.5¢ | $74.73K | 87.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 13849 | 84.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.5¢ | 14476 | 6 |
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| Last trade - 11.27am 10/10/2024 (20 minute delay) ? |
| HUM (ASX) Chart |