12 Jun 2010

Strategic Finance investors warned to be wary

5:55 pm on 12 June 2010

The Securities Commission is again warning investors in the failed finance company Strategic Finance to be wary of an offer by the Australian-based Stock & Share Trading Company.

The Australian-based company is offering to buy their debentures for 5 cents in the dollar, after previously offering 20 cents in the dollar.

The commission says investors should be cautious of any unsolicited offer to purchase their investments, especially when the offer is well below face value.