Tweed turns attention to AMP 27 Oct 2007, NZ Herald - David Tweed is a director of Colonial Capital Corporation, which is making unsolicited offers to some AMP shareholders of $15 a share, payable in 15 annual instalments of $1. That equated to $8.37, significantly lower than AMP's closing share price of $12.21, AMP said.

Tweed has been criticised for taking advantage of people who are often not familiar with the sharemarket.

It is not illegal to make low share offers, but in November last year, the Australian Securities and Investment Commission (ASIC) took action to ban Tweed, a former sharebroker, from providing financial services.

Other related articles:

AMP warns shareholders to avoid below market offers
http://media.corporate-ir.net/media_files/irol/14/142072/asx/Microsoft%20Word%20-%20Unsolicited%20share%20offer%20Oct%2007MR.pdf

Home shareholders approached by Tweed
http://www.smh.com.au/news/Business/Home-shareholders-approached-by-Tweed/2006/09/14/1157827061354.html

Beware of Unsolicited Offers To Buy Your Shares - National Exchange, Country Estate & Agency and Direct Share Purchasing Corp
http://www.tradersnetwork.org/intelligence/content/view/49/51/

The secretive life of a market opportunist
http://theage.com.au/articles/2002/11/08/1036308482798.html

Government promises to restrict Tweed
http://smh.com.au/articles/2002/12/03/1038712936386.html

Buy-on-the-cheap trader stays in business
http://theage.com.au/articles/2003/05/06/1051987702629.html

Tweed attempts to lure Pivot investors
http://theage.com.au/articles/2003/05/08/1052280378748.html

IAG warns: look out for Tweed
http://www.smh.com.au/news/Business/IAG-warns-look-out-for-Tweed/2005/05/31/1117305618473.html

IOOF warns David Tweed is on the prowl
http://www.smh.com.au/news/Business/IOOF-warns-David-Tweed-is-on-the-prowl/2006/09/27/1159337212979.html