HUM 1.39% 73.0¢ humm group limited

Not with AA in charge.Rest of board should have grown a backbone...

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  1. 208 Posts.
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    Not with AA in charge.

    Rest of board should have grown a backbone and re-cut the deal with LFS to sell HCF ex NZ Cards.

    Wouldn't have needed a vote (well < than 50% of assets and profit). LFS would still have gotten majority of synergies so could have paid a lot for a business not generating much NPAT for HUM holders.

    Then could have sold NZ cards to highest bidder a year or two down the track.
 
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