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Software & services

Applabs Technologies director Rocco Tassone says price is right to buy

Applabs Technologies (ASX:ALA) non-executive director Rocco Tassone has further increased his indirect interest by buying about $11,530 worth of shares in on market purchases.

His indirect interests acquired 49,708 shares at $0.0935 each, 8,571 shares at $0.093 and 65,429 shares bought at $0.093.

This took his total holding up to 958,708 shares.

Tassone previously acquired 220,000 shares earlier this month.

Last month, Applabs executed a binding term sheet to sell part of its Fee for Service division to Dapper Apps Pty Ltd.

This would allow the company to continue its core focus of maturing its strategic investments.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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