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[sharechat] WRI


From: "Warner Lamb" <cloud9@i4free.co.nz>
Date: Sat, 28 Oct 2000 12:47:18 +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.

Warner




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