HUM 8.03% 74.0¢ humm group limited

Ann: Shareholders to vote on Humm Consumer Finance transaction, page-47

  1. 166 Posts.
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    Interesting to note that the majority of Directors control 5.66% of the total shares. (AA has 20.19%)
    John Wyllie is 99% of that majority total (or 5.52%)
    - the rest have basically no skin in the game of note at (0.18%)

    Another consideration is who are the 2 Directors to be offered seats on Latitude Board - that has to be worth something.

    People really need to read the Kroll report - it convinces me to vote No because both options are a risk with HUMM never getting that clear runway to deliver ....... clearly what Latitude see as a pretty good reason to lob a low ball bid at this time in HUMM's journey.
    Note; there is also 3 brokers views discussed through financials which indicate a going concern with dividends - nothing distressed just normal business risk with execution.
 
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