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RE: [sharechat] Wrightson, where to in 2002?

From:	"Roy McCallum" <roy.mccallum@xtra.co.nz>
Date:	Fri, 31 Aug 2001 15:28:04 +1200

The significant unknown in the future value of WRI shares is the future
intention of RD1.com the recent purchaser of 19.9% of WRI held by GPG at
$1.00 or a total $27m

RD1.com is the Dairy Group, and soon to be Fonterra, subsidiary that
manages the retailing of farmer supplies through Anchormart stores plus
having an internet retailing presence. 

WRI could be a major, perhaps even key element, in the merging of a high
proportion NZ farm supply services into a single entity retailing to all
sectors of the primary industry. 

It is unlikely that the dairy industry vision for WRI will coincide with
WRI's current vision of its future.

Disclosure: Hold WRI




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References

[sharechat] Wrightson, where to in 2002? tennyson@caverock.net.nz

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