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standard life shares, georgeson

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mypartner just recieved a letter saying she has 200 demutualised shares with standard life worth 402.00, bit less now as the price has dropped since they sent the letter, if she sells them after georgeson take there 10% plus vat she will recieve maybe 300, to 350 pounds, the shares are quite low at the moment, is it worth just getting rid of them, with only 200 shares if the price raises even back to 3.00 it will only be 600 less georgeson fees.

dont know much about share dealing so any information will be good thanks very much.

Comments

  • I'm not sure about what you should do with the shares. You could probably look at it like £300 you never had or hold on with the chance of getting a bit more.

    I do know that SL had a large number of people who didn't claim their shares at demutualisation. They employed the above company to track people down to return their shares (I think the company were taking a fee for each person they found).
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