HUM 1.25% 79.0¢ humm group limited

open price Friday, page-15

  1. 1,524 Posts.
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    this isn't a 'rescue' cap raise, nor a cap raise just to keep funding ongoing operations (they have plenty of debt headroom for this!)... this is a cap raise for expansion along with a rebrand (or expansion of the humm brand more specifically)... further capital (potentially a few hundred million) to come from selling off the leasing/commercial division, and capital of course through the fact FXL actually makes money lol.

    Mr Market should be very, very excited about this and push it close to $2 not only due to the above game charger aspects, but given FXL has been wildly undervalued for some time now, however, given Mr Market just simply "doesn't like FXL", I'm not too sure what will happen (could be any other BNPL and what I've just mentioned prior about the share price rocketing ahead would happen, but this is flexigroup)
 
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