HUM 0.52% 48.8¢ humm group limited

Ann: Receipt of ASIC interim stop order, page-35

  1. 1,922 Posts.
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    I am with you @tamz - not much point in speculating - it is what it is. The finance sector is under scrutiny at the moment and ASIC seems to be picking out some examples to show that it means business - after all they have been accused of being too soft on the regulations for some time. Despite having said there is little point in dwelling on this other than to buy or sell if I was asked to pick out a possible point of contention in the BNPL side of HUM's business I would lean towards BNPL being offered to highly vulnerable and desperate victims for expensive treatments in the health sector of their business. For me those thoughts arose when they announced the source of their BNPL clients originally. I sincerely hope that it is not the case.
 
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