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Waterford Wedgwood Shares

  • 20-09-2009 10:42am
    #1
    B1977
    Registered Users, Registered Users 2 Posts: 410 ✭✭


    Have shares in the above company-they are listed at 0.001 cent:confused:
    does it cost me to get rid of them,are they worth anything


Comments

  • #2
    lucky-colm
    Closed Accounts Posts: 798 ✭✭✭lucky-colm


    B1977 wrote: »
    Have shares in the above company-they are listed at 0.001 cent:confused:
    does it cost me to get rid of them,are they worth anything



    i suppose you could sell them

    if you could find a fool to buy them:D


  • #3
    Raskolnikov
    Registered Users, Registered Users 2 Posts: 10,148 ✭✭✭✭Raskolnikov


    B1977 wrote: »
    Have shares in the above company-they are listed at 0.001 cent:confused:
    does it cost me to get rid of them,are they worth anything
    The company is in bankruptcy and their assets have been liquidated. Nothing left now but for the company to be dissolved. You won't receive anything, but you won't owe anything either.


  • #4
    B1977
    Registered Users, Registered Users 2 Posts: 410 ✭✭B1977


    as long as I dont owe anything,it doesnt really matter.can i just get rid of them without paying a fee or am I charged for someone holding them ?:confused:


  • #5
    Raskolnikov
    Registered Users, Registered Users 2 Posts: 10,148 ✭✭✭✭Raskolnikov


    B1977 wrote: »
    as long as I dont owe anything,it doesnt really matter.can i just get rid of them without paying a fee or am I charged for someone holding them ?:confused:
    Do you hold the share certificates, or does a broker hold them? If it's a broker, are they charging you an annual fee? If they're holding them and charging you a fee, it's probably best to call the broker and to ask for the paper certificates to be posted to you.


  • #6
    B1977
    Registered Users, Registered Users 2 Posts: 410 ✭✭B1977


    Raskolnikov wrote: »
    Do you hold the share certificates, or does a broker hold them? If it's a broker, are they charging you an annual fee? If they're holding them and charging you a fee, it's probably best to call the broker and to ask for the paper certificates to be posted to you.

    Does doing the above cut out the broker fee


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  • #7
    Raskolnikov
    Registered Users, Registered Users 2 Posts: 10,148 ✭✭✭✭Raskolnikov


    B1977 wrote: »
    Does doing the above cut out the broker fee
    Am I to take it that you're paying a broker to hold your shares then?

    If that's the case, call them. There's no point you paying someone to hold something that's worthless.


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