How to find out what shares are worth? HELP!

Hello :)
Never had any dealings with shares but have just inherrited 116 Lloyds Banking Group plc Ordinary shares of 10p each. These have just been transferred into my name.
Thick question time!
Does this mean that they are actually worth 10p each ie £11.16 in total value so not worth selling and having to pay a fee?
Not sure how to look up share values so would appreciate help?
Thank you for this site :jNow OH and I are both retired, MSE is a Godsend

Comments

  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    http://uk.finance.yahoo.com/q?s=LLOY.L

    trading at 32.27p at the moment so worth just over 37 quid.

    So hang on to them (as it will cost you most of that to sell them) or give them to a cahrity via Sharegift, or deposit them into a broker account,
  • Muppet81
    Muppet81 Posts: 951 Forumite
    Part of the Furniture Combo Breaker
    Brilliant! The idea of Sharegift sounds ideal. Thanks for your quick reply and your help.
    Thank you for this site :jNow OH and I are both retired, MSE is a Godsend
  • Ifts
    Ifts Posts: 1,959 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Name Dropper
    edited 31 August 2011 at 12:08PM
    Lloyds Banking Group plc trading at just over 32p a share currently:

    https://www.share.com/cgi-bin/oicgi.exe/inet_tsc_dl2?epic=LLOY

    edit: beaten to it by atush!
    Never let the perfume of the premium overpower the odour of the risk
  • Xbigman
    Xbigman Posts: 3,912 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    My first share purchase was 200 Lloyds shares for £1200. (588p each plus fees).

    Oh how times have changed...





    X
    Xbigman's guide to a happy life.

    Eat properly
    Sleep properly
    Save some money
  • Aegis
    Aegis Posts: 5,695 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Xbigman wrote: »
    My first share purchase was 200 Lloyds shares for £1200. (588p each plus fees).

    Oh how times have changed...





    X
    I sold some inherited shares at about that price for my first ever investment transaction...

    Sorry if you ended up with mine!
    I am a Chartered Financial Planner
    Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.
  • Muppet81
    Muppet81 Posts: 951 Forumite
    Part of the Furniture Combo Breaker
    Possibly did Aegis :rotfl:

    Atush suggested the possibility of giving the shares to charity and this seems the best option.

    Have asked for a Share Transfer Form and will get that underway ASAP.

    Once again this forum has been of immense help. :A
    Thank you for this site :jNow OH and I are both retired, MSE is a Godsend
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