HUM 1.25% 40.5¢ humm group limited

so let me get this straight (I am only a simplistic...

  1. 7,279 Posts.
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    so let me get this straight (I am only a simplistic investor!!!)

    Hum spends $10m to buy back 20m shares.

    Yeah looks good right!!!

    But then when have this doozey at the end:

    https://hotcopper.com.au/data/attachments/6268/6268296-0629e1e02afb9d0795d419e1a9ee8abc.jpg


    So HUM has issued 55m of performance rights.

    So Net Net total shares on issue still increasing.

    Lol this looks like a transfer of wealth to me, from outsiders, to insiders.

    https://hotcopper.com.au/data/attachments/6268/6268301-ec8971b6c8212b9e8ceee52182e803d5.jpg
    So net net, including performance rights, shares outstanding after buy back still increasing!!!!

    Lol thanks but no thanks, as a small potential shareholder, I am looking to invest in companies that increase my wealth over time, not dilute it.

    No wonder the market is treating HUM with such suspicion.
 
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Last
40.5¢
Change
0.005(1.25%)
Mkt cap ! $199.0M
Open High Low Value Volume
40.5¢ 40.5¢ 40.0¢ $176.0K 439.3K

Buyers (Bids)

No. Vol. Price($)
6 440959 40.0¢
 

Sellers (Offers)

Price($) Vol. No.
40.5¢ 143034 4
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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