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Re: [sharechat] WAM

From:	<philip@goodreturns.co.nz>
Date:	Tue, 6 May 2003 23:17:53 +1200

Yes, it is correct that WAM managing director Kim Ellis has sold 162,000 shares in the company for $530,000. Reports have it that sell off has accounted for all his direct stake in Waste Management.

The company says you can’t read anything into it. Rather Ellis is buying a house. Also the sale was approved by the board.

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