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[new] bank error credited me with over £40,000!!...

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Comments

  • i shouldve bought £40K worth of Lloyds shares two weeks ago (at .62p)
    wouldve made nearly £8,000 profit!!! (.74p now)
    wouldve been a big gamble if theyd gone the other way though!
  • Inactive
    Inactive Posts: 14,509 Forumite
    i shouldve bought £40K worth of Lloyds shares two weeks ago (at .62p)
    wouldve made nearly £8,000 profit!!! (.74p now)
    wouldve been a big gamble if theyd gone the other way though!

    How did you work that out?;)
  • £40,000 would buy approx 65000 shares at 0.62 per share.
    new price of 0.74 per share gives a profit of 0.12 per share (or 19.35%)
    65000 multiplied by 0.12 (or £40,000 multiplied by 19.35%) equals £7800 approx.

    I thought this place was supposed to be awash with geniuses?
  • Inactive
    Inactive Posts: 14,509 Forumite

    I thought this place was supposed to be awash with geniuses?

    Whoever told you that.. ?..;)

    You obviously don't pay have to pay tax on earnings or commision charges on share transactions.

    Some of us do.
  • i never said it was £8 net profit.
    jeees, some people are so picky.
    :O)
  • .... mean to say £8k
    sincere apologies
  • Ivara
    Ivara Posts: 8 Forumite
    Any chance of a loan?????
  • talana
    talana Posts: 1,077 Forumite
    So OP, after all the aggro that you went through to post that story (see OP's previous thread) was it really worth the trouble?
    Seems like the answer is pretty much self evident, morals or no :rolleyes:
  • .... mean to say £8k
    sincere apologies

    Can I ask which bank it is?
    I have not worked for NatWest Bank since February 2009

    This username is no longer active.
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    This poster makes me lol.
This discussion has been closed.
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