Advise for new shares trader

jonny1969

Hi,

i was wondering if any one could help me.
What happens if you own shares in a buisness and the business becomes fully nationalised.Do you loose all your shares?.


Thanks in advance to anyone who replys.


Kindest regards

Lokolo

Yes. The government may pay compensation but this is likely to be pennies, if that.

Trollfever

And it could take ten years to wind up the companie's affairs.

jonny1969

Thanks guys, i appreciate the help.