"$1m worth of shares" , at the 40% discount applied amounts to 31% of the company .
How can "volume traded will be many multiples of that daily" ?
If you think of a pie chart made out of a Mercedes bonnet badge , it will have 3 equal sized segments and almost one whole segment has just been sold to spivs and directors at a 40% discount .
If that doesn't worry you then contemplate this . Before Alvares operations start the spivs will flip their shares for a quick no risk profit and they could end up in the hands of predators enabling them to stage a lowball takeover .
XST Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
