winery update via asx announcement, page-12

denver,

The Share Price in 1 July 2011 was $0.38. Shares allocated to Mick Stroud 3,394.640 $1,189,963.20 Plus Cash $150,000 Total $1.439,963. Sold for $4,650,000.

Don't forget.
Wine purchase $
Stock Feed $
Primary producer revenue $

I don't have the time to go through the annual report in deail But on first impressions it has been profitable for WAL.

The share price has fallen from $0.38 to say an illiquid $0.15 Today.
Clearly there is an insentive for Mick Stroud to proform and get the shareprice back to reasionable livels.