further palcement of 2.66m shares to wpl, page-5

re: further placement - found the agreement H This is a small allocation to the company's biggest supporter....who paid 1.10 for 30m when there was more risk... and rode a lot of downside. Their (WPL) discount to market is about 1mill and that's the price we got our 1/6 for ...and that they took their rights at. Seems all OK to me and of minimal significance. The cosy allegiance/alliance only boosts confidence in the stock. IMHO
Molly