CSL Limited Warns Shareholders of Unsolicited Share Offers 14 Feb 2008 - CSL Limited is warning its shareholders about unsolicited share offers from Share Buying Group, a company known to make offers below real market value. Share Buying Group is offering to buy CSL shares for  $16.01 per share when the share is trading above $34.00.

Share Buying Group has previously made similar low-ball offers to shareholders of Adelaide Bank and IAG.

The letter sent by Share Buying Group to CSL shareholders looks suspiciously modelled on one of David Tweed's old share shonks.

Stamped at the top are the words "this is a letter that requires your immediate attention".

Then follows a banner headline that promises a sum of money for your shares, to be paid within 10 days of handing over your security holder reference number (SRN).

Shareholders are warned that the unsolicited offers are below market value.

References:
Snakes put the bite on unwary investors (The Age)
CSL Limited Warns Shareholders of Unsolicited Share Offers (CSL Limited)