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06-09-2006, 11:35 PM | #1 | ||
FF.Com.Au Hardcore
Join Date: Jul 2006
Location: Gren A Waverrey
Posts: 2,415
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Hello.
My old man has a lot of shares. He has AXA shares. In the mail 2 days ago he received a letter from some company offering him money for his shares. The offer was to buy all of his shares for $4.00 each. The MARKET value of these shares is $6.62. In effect, this is called "ripping people off" as they are only offering 2/3 of the market value. These "deals" aim for those who cannot access a stockbroker, whether in person or online (such as CommSec). As soon as you get such an offer, eat lots of fibre, do poos then use it as toilet paper. If you wish to sell your shares, then go to a stockbroker. An organisation such as this buys the shares cheap from people, then sells them at market price. Through no hard work and in some sense, dishonesty they've made a 33% profit. I thought I'd offer some advice regarding this. You need to recognise the signs. And although it seems obvious, thousands of people accept these offers. I do this with good intentions Last edited by uranium_death; 06-09-2006 at 11:39 PM. Reason: change title |
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06-09-2006, 11:53 PM | #2 | ||
XB in parts...
Join Date: Dec 2004
Location: Sydney
Posts: 2,890
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There was a company doing the same thing with IAG shares. I can't remember the name of the broker tho.
Its dispicable.
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Daily Driver 2019 Ford Escape...looking for XR6T's. |
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