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Ann: Change of Leadership & Company Secretary, page-17

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Kirpa

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12/04/24

08:31

Post #: 73306951
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Originally posted by dunnomuch: ↑

Anoushka was the CEO of Posture 360 which is a South Korean health tech type of company, that’s where I first found out about her. She was a very good executive there, it’s been an eye-opening experience being invested in South Korea… I was pretty glad to see her at HMD. I’ve spoken for a while that she would be better on the board given she’s a mum and the other fellows aren’t.. Great to see her taking the reins! She must be quite confident that HMD will turnaround..

Cameron Jones from Bio 101 is a more interesting development. He holds basically the same role at GMDx which is an unlisted Cancer diagnosis type business that I’m invested in. He’s been a great addition there and I have had a few chats with some HMD types that he would be better fit for HMD. Jonathon Hart has had a massive win in the USA with the listing of an MmA tech platform for Mixed Martial Arts marketing etc. I certainly had more chats with him about boxing than corporate governance, not saying he was a bad Co-Sec but that Cameron is a better fit given that he operates in this space not in a USA based startup in an unrelated field.

I haven’t had a final call or email about the capital situation so either that is completed or still in train? Dunno? Most of the funds for the last 2 raises have been from the Sovereign Republic of Western Australia so maybe they’ve filled the coffers? I have expressed great disappointment that each raise has been too low an amount and leaves us exposed for more raises… maybe this one will be big enough for a year or 2?

Down but not out, fighting off the back foot in a corner of quick sand but punching away…. Maybe we are on the turning point? Dunno… lots of risk still

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"Jonathon Hart has had a massive win in the USA with the listing of an MmA tech platform for Mixed Martial Arts marketing etc."

Hmm. Dunno! I looked at Alta after being referred by an investor friend in the UK. I passed. It's not really something that excites me and I couldn't see gyms being very interested. It's struggling after raising $6.5M at $5 per share to go public very recently. Currently $2.95 already down 40% on listing price. Market cap $30M and Hart owns 0.17% currently valued at $50,000. Maybe $50K is a massive win for Mt Hart? Who knows.

HMD Price at posting: 1.8¢ Sentiment: None Disclosure: Held
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Ann: Change of Leadership & Company Secretary, page-17

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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Ann: Change of Leadership & Company Secretary, page-17

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Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

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