Ann: Prospectus , page-12

I have seen this before people buy into the offer thinking they are going to get added extras. Then the management in their wisdom shell out the options as they please. I agree long-term shareholders should be rewarded, but when dollars and cents are counted at this end of spectrum, loyalty counts for very little.

However if they do have any creditability and belief in the project they should realise they will need to appeal to the broader market. They will need to increase future liquidity in the stock, otherwise the great momentum that WCN has enjoyed over the last couple of days will whither away.

Technically there is great potential for this stock to smash its way through 10.5, all it needs now is some positive news flow out Lake Percy, yet more important its operations overseas.