Looks like they sold it for about what they purchased it for.
Purchase
28/1/21 - 10% @ $250k cash + $70k shares
14/7/21 - 25% @ $300k cash + $950k shares
Total purchase price = $1.57m ($550k cash + $1.02m shares)
Total sale price = $1.575m
Interestingly enough they have approx $500k debt to Blue Sky which suggest they didn't actually pay the cash to Blue Sky and were lent the money.
Almost seems like this was backdoor capital raise. They issued $1.02m shares and are now getting $1.08m cash
XST Price at posting:
1.2¢ Sentiment: None Disclosure: Not Held
