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Re: [sharechat] WRI

From:	"Mark Hubbard" <mhubbard@es.co.nz>
Date:	Sat, 28 Oct 2000 13:32:19 +1300


> Just read the sharechat article on Wrightsons. The last sentence really
> pissed me off, after years of pathetic seasons and returns, shareholders
> have agreed Senior Execs may issue themselves up to 5 million shares over
> the next twelve months...FOR WHAT??????. WRI turns around a $1m loss to a
> $7.5m profit on $600m in revenues...(a 1.25% return) VERY PATHETIC
>
> And they are "hoping" for their shares to get back over $1.
> The company still performs like a dog and they want immediate rewards, and
> this has been a GOOD season.
> I hope for their sake the weather stays wright.


And the NZ$ remains low!


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References

[sharechat] WRI Warner Lamb

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