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[sharechat] Dilution of Shares ----- WRI


From: "terry weston" <tweston@sympatico.ca>
Date: Mon, 10 Nov 2003 00:09:11 -0500


I don't like this continual dilution, Re-- WRI .
 when will it stop. If they are going to reward the executives then they should buy the stocks back , not keep issuing new stocks . For the small investor this is a creeping takeover . 1% a year x 30 yrs = 30%    This BS has to stop. I don't care if the stock goes up, that's my money they're stealing.
WRI
10/11/2003
ALLOT

REL: 1411 HRS Wrightson Limited

ALLOT: WRI: Allotment of 400,000 Ordinary Shares at $0.57

This is to notify you in accordance with listing rule 7.12.1 of the issue of
securities.

Class of securities - ordinary shares
Number issued - 400,000 @ 57 cents per share
Payment method - cash in full
Percentage of total class - 0.29%
Reason for the issue - exercise of share options
Authority for the issue - shareholder approved option plan
Terms of the issue - rank equally with existing ordinary shares
Total number of securities after issue - 138,697,202
Date of issue - 10 November 2003
End CA:00094459 For:WRI    Type:ALLOT      Time:2003-11-10:14:11:03

 
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