AD1 0.00% 0.8¢ ad1 holdings limited

Ann: Trading halt, page-7

  1. 18,251 Posts.
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    I found the twitter link to the Tolga interest share_time


    There is also some before and after comment.

    I panicked re Trump’s Covid on Friday and sold my shares, and then -sadly- was only able to get a sliver of them back ( ..trying to buy lower than my sale price ) before the price jumped ... so I am feeling a bit of a mug and congratulations to all the more steadfast here.
    cheers

    https://themarketherald.com.au/ad1-holdings-asxad1-enters-back-to-back-trading-halts-2020-10-07/
    Ad1 Holdings (ASX:AD1) enters back-to-back trading halts

    The Market Herald Deal Room

    ASX:AD1 MCAP $36.17M

    Jessica De Freitas Markets [email protected] October 2020 11:56


    • AD1 Holdings (AD1) has entered back-to-back trading halts ahead of a capital raise announcement
    • AD1 Holdings is a recruitment technology company which connect employers to prospective job candidates
    • Recently, AD1's subsidiary, Utility Software Services, entered a three-year contract with energy retailer, Power Club
    • Ad1 also announced it would acquire mentoring company, Art of Mentoring, for $1.5 million
    • At this stage, it is unclear what the funds from the upcoming capital raise will be used for
    • Company shares last traded for 6.6 cents on Tuesday, October 6
    AD1 Holdings (AD1) has entered back-to-back trading halts ahead of a capital raise announcement.
    The company will remain in the trading halts until Tuesday, October 13, unless the capital raise is announced earlier.
    At this stage, it is uncertain what the funds from the capital raise will be used for.
    AD1 Holdings is a recruitment technology company that connect employers to prospective job candidates.
    At the end of last month, Ad1 announced it would acquire mentoring program provider Art of Mentoring (AoM) for $1.5 million.
    AoM is an Australia-based mentoring company that delivers different mentoring programs through a software-as-a-solution (SaaS) platform.
    AD1 CEO, Prashant Chandra, said the acquisition of AoM is highly strategic and an important milestone.
    "We will continue to drive organic growth and pursue additional strategic acquisition opportunities as they present themselves," he said.
    Ad1 also achieved another win in September when its subsidiary, Utility Software Services (USS), signed a three-year contract with energy retailer, Power Club.
    Under the contract, USS will provide its CORE Customer Interface SaaS platform and related managed services to Powerclub.
    Company shares last traded for 6.6 cents on Tuesday, October 6.
 
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