What happened Irish Life & Permanent

Walker34

Hi,
I own shares in IL&P through AIB and have no idea what has happened to them. Last time I looked they were bought through Goodbody.I asked in the AIB branch (Portabello) where they were bought and was fobbed off with some junior clerks nondescript answer. How do I trace what happened them and if they are worth anything now. They were worth about 20k at the time of purchase.I still have the receipts and certs from AIB/Goodbody
Regards John

SBWife

Irish Life was sold off, Permenant TSB trades on the Irish Enterprise Securities Market.

Walker34

But what would have happened to the shares I own......Goodbody are of zero use other than collecting their own co-mission. I don't know the details of the hustle pulled by AIB/Goodbody, but they got 20k cash from me and offered no explanation as to what happened it or where it went.

Value Hunter

Your shares are most likely worthless now i'm sorry to say.

http://irishtimes.newspaperdirect.com/epaper/viewer.aspx

Walker34

Value Hunter wrote: »

Your shares are most likely worthless now i'm sorry to say.

http://irishtimes.newspaperdirect.com/epaper/viewer.aspx

I guess Ill keep the certs and the next time any talk of share trading arises Ill just publicize the wisdom of such a suggestion by posting a copy of the certs with a suitable comment.

Sonnenblumen

Value Hunter wrote: »

Your shares are most likely worthless now i'm sorry to say.

http://irishtimes.newspaperdirect.com/epaper/viewer.aspx

Not true, losses can be offset against any gains when calculating Capital Gains Tax Liabilities.