HMO 0.00% 6.8¢ hearmeout limited

Initial Thoughts from. Potential Investor, page-6

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    Does anyone here have an explanation for why they would IPO instead of get VC funding? Increased compliance/reporting burden for such a speculative proposition seems a little risky IMO, but I don't normally follow micro-cap stocks. Is it common to list at such an early stage?
 
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Currently unlisted public company.

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