Kah Wui (Nic) Lim Buys 9,599,500 Shares of 8Common Ltd (8CO) Stock

8Common Ltd (ASX:8CO) insider Kah Wui (Nic) Lim acquired 9,599,500 shares of the business’s stock in a transaction that occurred on Friday, November 2nd. The stock was purchased at an average price of A$0.04 ($0.02) per share, for a total transaction of A$335,982.50 ($238,285.46).

8CO stock opened at A$0.04 ($0.03) on Friday. The company has a debt-to-equity ratio of 1.88, a quick ratio of 3.02 and a current ratio of 3.06.

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8Common Company Profile

8common Limited develops and distributes software solutions in Australia, Asia, North America, and internationally. The company conducts its operations through Productivity & Performance, and Realtors8 segments. The Productivity & Performance segment offers Expense8, a travel and expense management software solution that manages and streamlines the processing of employee generated expenses; and Perform8, a survey and action planning solution that diagnoses and prioritizes areas for improvement across business.

Further Reading: Cost of Capital

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