Ann: Trading Halt, page-36

$TMH/The Market Herald (formerly $HOT/HotCopper Holdings) may be able to answer your question, Jbart944.

According to HOT's 2019 Annual Report the group invests in its clients through participation in client capital raises as a s708 investor.

"The intention of these investments is to contribute towards facilitating a trusted relationship with the customer (the issuer) and HotCopper Holdings with aligned incentives whereby HotCopper Holdings will retain that investment for a certain period whilst services are being provided.

"These investments are not actively managed, are typically held for an agreed term, and the operational support given to investee companies is the same as non-investee companies."

At balance date the group held shares worth up to $150k in more than 30 client companies. The shares were valued at a total of some $1.3m.