XST 0.00% 0.9¢ xstate resources limited

Don't cover it up, he sold 4.2M shares (3.7 + 0.5) for 84K and...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 11 Posts.
    lightbulb Created with Sketch. 2
    Don't cover it up, he sold 4.2M shares (3.7 + 0.5) for 84K and use 50K for the share option of 10M --> taking a profit of 34K. If he feels good about the company why he need to sell 4.2M shares, why not just keep them and pay 50K for 10M extra shares?
    Last edited by davidbowers: 17/02/21
 
watchlist Created with Sketch. Add XST (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.