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.
Restricted Cash in this instance is not a general corporate...
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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) ? |
| HUM (ASX) Chart |