Australia
ShareRoot director buys 4 million shares in on-market transaction
ShareRoot Ltd's (ASX:SRO) director Damon Rasheed has demonstrated his confidence in the company's digital healthcare strategy through the on-market purchase of 4 million shares at 2 cents per share.
The non-executive director's $8,000 transaction on October 15 represents his first purchase of fully paid ordinary shares in the company.
Earlier this year ShareRoot completed a restructure and has a clear path forward to a successful business in the digital healthcare industry.
Completion of capital raising
The company recently raised a total of $1,289,612 which included a rights issue and placement.
Funds raised were allocated for the following:
- To scale the existing revenue-generating digital cRead More – Source