buy back doesn't work so well when the company needs funds to grow.
Remember hum is still a finance company, and it needs to retain a portion of its profit to finance sales expaction (although it collatorises its debt, it still needs to hold a portion of the debt collatorisation on its books to give confidence in its underlying debt products).
Pre Investor Day - Notes from Q&A session, page-27
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Last
77.5¢ |
Change
-0.040(4.91%) |
Mkt cap ! $381.1M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 82.5¢ | 77.0¢ | $671.8K | 848.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 799 | 77.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.5¢ | 5818 | 1 |
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| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| HUM (ASX) Chart |