HUM 2.11% 48.5¢ humm group limited

Difficult to gauge but sum of parts is hopefully more than the...

  1. 656 Posts.
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    Difficult to gauge but sum of parts is hopefully more than the whole. When Tabcorp de-merged the Lottery Co, the fall in Tabcorp was $4.29 from close figures and the close of The Lottery Co was $4.70, so shareholders gained $0.41 more or less.

    So if we are $0.70 and say LFS plus cash is worth $0.616, the technical drop should be same amount of what's removed from each share to a price of $0.084. But the thing is, it has between $0.07 - $0.16 in cash left over plus the value of the commercial business.

    Market does strange things but if it drops to $0.084, i gonna try and find monies somehow to buy as much as I can of HUM.

    But DYOR, I'm still waiting for the snail mail.
 
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