Added to YB: 2026-06-03
Pitch date: 2026-06-01
HUM.AX [neutral]
Humm Group Limited
-3.42%
current return
Author Info
Spread Hunters is an investor community focused on hunting spreads: opportunities where there is a mismatch between market price and the value we see in special situations, merger arbitrage, odd‑lots and other corporate events. Sign up for the newsletter.
Company Info
Humm Group Limited, together with its subsidiaries, provides various financial products and services in Australia, New Zealand, Ireland, the United Kingdom, and Canada.
Market Cap
AUD 295.1M
Pitch Price
AUD 0.58
Price Target
N/A
Dividend
3.42%
EV/EBITDA
N/A
P/E
12.64
EV/Sales
N/A
Sector
Consumer Finance
Category
special_situation
Monthly SpreadHunters Monitoring - HUMM GROUP (ASX: HUM) - Arbitrage & take over
HUM.AX (update): Special situation arbitrage on Australian financial services co under Credit Corp takeover bid at $0.77/sh (IBC deems below control range). Trades 4.4x earnings vs 10x peers on governance crisis. Board renewed, Abercrombie off board but TAG's 26.4% stake & lawsuit block scheme. Weak Q3 (AUM -1.6%, NIM -20bps, originations -8.6%) risks low-price resolution.
Read full article (3 min)