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Opyl chairman shows confidence in company’s strategy with on-market purchase

Opyl is a new generation company working at the intersection of artificial intelligence, social media and healthcare.

Opyl Ltd - Opyl chairman demonstrates faith in the company’s digital platform with purchase of shares on-market
Opyl is developing digital tools that improve the healthcare experience for patients

Opyl Ltd (ASX:OPL) chairman Dr Julian Chick has demonstrated his faith in the company’s digital platform technology and optimisation opportunities with the purchase of shares on-market.

On June 23 Chick acquired 222,222 shares valued at almost $20,000 in an indirect interest, increasing the total number of securities held in that interest to 464,741 shares.

Placement completion

The company recently completed a placement of 7.3 million shares at a price of 10 cents per share to raise $730,000 before costs.

Funds raised will provide the company with funding for working capital to build its team ahead of further expansion with new business contracts.

Opyl said it appreciated the support from new and existing investors and was pleased to welcome the new investors on to the register.

Quick facts: Opyl Ltd

Price: 0.087 AUD

ASX:OPL
Market: ASX
Market Cap: $3.21 m
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