Woodside shareholders under target
July 7, 2008 - 2:22PM
Woodside Petroleum has warned shareholders they might soon be targeted by a company looking to buy their shares cheaply.
The WA-based energy giant said it was required by law to hand over a list of its shareholders to Hassle Free Share Sales.
That company has in the past contacted shareholders in other ASX-listed companies looking to buy their shares at well under market value.
The director of Hassle Free Share Sales was also a director of Share Buyback Group, which was stopped by the Australian Securities and Investments Commission from making similar offers as its name could mislead shareholders.
Woodside said shareholders receiving unsolicited offers should read documents carefully, and seek independent financial advice.
woodside shareholders under target
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