Unsolicited (and Undervalued) Share Offers Restricted. |
BEWARE |
Beware of offers to buy your shares. Increasingly being used is the practice of offering investors significantly undervalued prices for public company shares. Recent action by the Australian Securities and Investments Commission (ASIC) means that the person responsible for most of these offers has had a condition imposed on his dealer?s license, that the market value for all of his offers to buy must be disclosed.
Although this may alert some investors to the folly of responding, there will still be investors who do not read the document, but simply sign and return.
It only takes a moment to telephone your adviser or fax the offer document to us for comment. Don?t be embarrassed to ask (before you make a decision)!
11th-November-2003 |
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