13 Nov 2012

Lower offer for Tower shares

7:16 am on 13 November 2012

Tower is alerting shareholders to a low ball offer. Stock & Share Trading has written to some Tower shareholders, offering to buy their shares for $1.

Tower shares were $1.92 per share at close of trading last week.

Stock & Share Trading is an Australian company, whose sole director and shareholder is John Armour.

Tower says shareholders should seek independent advice and check the most recent market price for their shares.