Ann: Proposal from Latitude for Humm Consumer Finance, page-53

Great analysis there redrocket. Rod Rocket Laver was a redhead. It’s that time of the year, tennis anyone?

The investor day presentation had the company speculating on a potential value of $2.30 per share.

Not sure if any other bids will emerge, however given the exclusivity period to end of January any competing bid will likely have to be a hostile takeover offer.

It will be fascinating if a competing bid emerges. Humm Group is the likely only current BNPl player worth fighting over, it is profitable and does have a bnpl volume growth runway plus it has a fast growing a very profitable commercial lending business and it has no corporate debt and a relatively clean balance sheet and a high performing credit function. These features may be enough to entice a competing bid. Time will tell.