Restricted Cash in this instance is not a general corporate restriction - HUM has no corporate debt for such covenants nor is the cash availabe to pay debtors/creditors outside the securitisation and special purpose vehicles where the restricted cash sits.
HUM have sold receivables and loans to investors through it's securitisation programs.
Quoting - Note 5(1) Interim Report-The restricted cash represents amounts held as part of the Groups secured funding arrangements which it is not available to the group -restricted cash balances is distributed to various parties at future dates and is not available to the group for any other purpose.
Again I refer you to the Interim accounts - note 5 and 5 (1) - also note 12.
Takeover will unlock value ?, page-147
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Last
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $222.4M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 42.8¢ | $109.4K | 253.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11046 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 17982 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
43.5¢ |
Change
-0.005 ( 1.14 %) |
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| Open | High | Low | Volume | ||
| 43.5¢ | 44.0¢ | 43.0¢ | 95596 | ||
| Last updated 14.39pm 10/05/2024 ? | |||||
| HUM (ASX) Chart |