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What happens to shares held in Bradford & Bingley now?

Hi
Had just over 1000 shares in Bradford & Bingley - what happens now?
They were purchased thro' Selftrade, and about a week ago Selftrade removed them from my portfolio - if it wasn't for the original purchase action letter you'd think I never owned any shares in BB.
Do we just wait for 'something' to happen in all this chaos, or can I just 'kiss'em goodbye'? :confused:
Thanks
Gazza

Comments

  • tomterm8
    tomterm8 Posts: 5,892 Forumite
    Part of the Furniture Combo Breaker
    They are suspended. So you can't do anything . Someone will work out how much they are worth, and send you a check in the post eventually... If I were you I would just expect not to get anything back, you will be more or less wiped out since B&B is practically worthless.

    I'm sorry.
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
  • 1882
    1882 Posts: 498 Forumite
    Part of the Furniture 100 Posts
    Is anyone going to officially inform us of the nationalisation? I've heard nothing from the B&B or anyone else!
  • ad44downey
    ad44downey Posts: 2,246 Forumite
    Gazza68 wrote: »
    Hi
    Had just over 1000 shares in Bradford & Bingley - what happens now?
    They were purchased thro' Selftrade, and about a week ago Selftrade removed them from my portfolio - if it wasn't for the original purchase action letter you'd think I never owned any shares in BB.
    Do we just wait for 'something' to happen in all this chaos, or can I just 'kiss'em goodbye'? :confused:
    Thanks
    Gazza
    Northern Rock shareholders have still got nothing so don't expect any news soon
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
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