Santander share Purchase scheme

Frequent_Flyer_UK

anyone have views on the Santander share purchase scheme wher eyou can buy shares next month commission free ?

Is it time to buy at the bottom or are the shares yet to hit bottom . Not looking for financial advice just people's views

gozomark

you need to consider
1. is it time to buy shares ? no one knows
2. if it is, is Santander the right share to buy ? The fact you can buy them commission free should only represent a very small part of your reason to buy them rather than another companies shares


BTW, aren't they only tradeable on the Spanish market ?

barak

gozomark wrote: »

BTW, aren't they only tradeable on the Spanish market ?

You can trade them in London as BNC

http://markets.ft.com/ft/tearsheets/performance.asp?s=BNC%3ALSE

http://www.londonstockexchange.com/en-gb/pricesnews/prices/system/detailedprices.htm?sym=ES0113900J37ESGBXSSMUB0CL505BNC

sabretoothtigger

Good to buy now I think but be ready to buy again in 6 months and 6 months after that

ie. dont over commit to right now

Broadback

If you are already a share holder you will be able to purchase them next month and should receive notification and instructions. The share offer however is not an open one, Santander claim this is because the time period is such as to exclude this!

Stewster

Hi all, so was the general consensus that it was an idea to consider buying the santander shares ? My father has just said he has been sent the invitation as he held Alliance and Leicester shares. I think it is worth his while but have said not to overstretch himself - don't think he is thinking about buying that many. Thanks for your advice

sabretoothtigger

Maybe you should scan in the letter, excluding personal details