The company has developed a number of digital marketing tools that lay the foundations for a competitive suite of digital marketing solutions.
's () 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 client services capabilities and capacity;
- To complete and launch new technology products and roll-out campaigns;
- To continue development of MediaConsent Clinical; and
- To reposition the company within the target market.
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