HUM 4.09% 82.0¢ humm group limited

Ann: HUM announces proposed JV with Douugh, page-40

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  1. 5,933 Posts.
    lightbulb Created with Sketch. 611
    yep under CR price is always good value.....

    I picked some too......

    and when i read the article in AFR today, which quotes "None of these companies make a cashflow profit," and HUM making some profits should be in good position sooner or later

    Prepare for more buy now, pay later raisings in 2021

    Tom Richardson
    Tom RichardsonMarkets reporter and commentator
    Dec 21, 2020 – 5.31pm

    If the second half of 2020 is any guide, investors should brace for another year of huge capital raisings and insider selling across the high-growth buy now, pay later sector.

    Last week, Australia's second-largest buy now, pay later player Zip Co revealed a $120 million institutional share placement and $30 million retail raising, which means it will raise $450 million in new debt, warehouse or equity funding over the second half of 2020.

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    ......


    "None of these companies make a cashflow profit," he said. "So they're leaking cash. In that situation they're going to need more money irrespective of what sort of company they are."

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