Ann: Update - Notification of buy-back - HUM, page-10

There’s very little interest in this stock. Volumes have been significantly low for a while. With the buyback on market we are just seeing extra buying activity that wouldn’t have happened otherwise.

What I find interesting is that there no longer seems to be selling of larger parcels into the buy side that we saw earlier on in the buy back. There are other buyers who are pushing this stock up though, because the buy backs only just recommenced. I know one poster mentioned they’re back from holidays, but even so, with how quickly the share price moved they wouldn’t have been able to participate due to rule 7.33.

I’d be more curious to see if they extend the buy back post 1H results or if AA begins to start soaking up some more shares. There’s nothing to see here really until those 1H numbers come out. Steady as she goes.