Looks utter rubbish...actually looks like a shorter word beginning with c.
There are a few things that axes and tomahawks are used for. In the bush, they are used for cutting and splitting wood, and in combat they are used for breaking through walls and barriers, chopping and prying. This looks like it was trying to tap into the combat market. Problem with this is that it has steel all the way through the handle, so no shock absorption, and a cord wrap does nothing worthwhile to protect the hand. Put steel in the handle and you carry the weight, but if you want it for chopping, it does you no good there, just transmits shock.
The poll is useless for hammering, or striking, or smashing, its just not shaped for anything. The shaft up near the head won't he comfortable to choke up on, but has been shaped to provide a weak point if you ever use as a flat pry bar. Holes in the head...no reason other than looks. 4mm stock means that no one would really take it into a combat situation, it is too thin for that. Actually, the size and stock thickness make it sort of parang weight, but with rubbish edge geometry and terrible handle.
So, what to do with it....Well, I think it could be improved by grinding off the handle at the top of the cord wrap, drill three 6mm holes through the tang at1" spacing above that, and fit a wood axe handle, cut the handle to have a slot and then glue and pin. Maybe wire wrap, but shouldn't be needed. Grind a taller bevel on the main edge. Then you will have something faster that can swipe through softer vegetation, like a parang but with a short edge.
Maybe that is a bit extreme....maybe could just grind off enough of the handle to turn it into a hidden tang in a block-wood handle, like a parang. That at least would help with the shock and keeping hold of it.
Look at any well evolved handle on a chopping/swinging blade and they almost invariably have some big lump on the end to stop the whole lot slipping from the grip and going into orbit. It seem to be only the new fangled modern blades (made to look cool?) that leave this out and instead introduce finger cut-outs and high friction grips, as if the way to use the blade is to lock it to the hand in a tight fist.