6 Nov 2012

Warning issued over low ball offer

6:48 am on 6 November 2012

Postie Plus is warning shareholders to beware a low ball offer.

Zero Commission has written to a number of shareholders offering to buy their shares for 21 cents each for a maximum of 600,000 shares.

Postie Plus says the board does not endorse this offer, syaing its lower than its market price of 25 cents each at the beginning of the month.