Lloyds shares

Crossy

Hope someone can help me, we were allocated some Halifax shares when it became a bank years ago and the last time I looked they are now Lloyds shares.

I know nothing about shares etc and did a google to see how much they are worth and it came up at 35.15 or is this £35.15p a share?

Sorry for the silly questions I am really ignorant about these matters, and it could be 35p for all I know. If my luck is in and they are £35 how do i sell them?

Thanks for any help given

jayship

Pence NOT Pounds.

Crossy

thanks for your reply, thought it was too good to be true!

bobthedambuilder

As to selling, it depends how many you have. There are many options out there for selling shares, but all will charge something. The minimum it's going to cost you for a one-off sale is about £10 - not much good if you've only got 30 or so shares.;)

It was back in 2009 when HBOS shares were converted to Lloyds at a rate of about 1 Lloyds share for each 1.65 HBOS shares.

The value of HBOS shares dropped from around £10 in 2006 to £0.40 when they were converted to Lloyds. If they still existed, that would have dropped to £0.24 at today's Lloyds price.

If you're an optimist, you might as well hold on for a while - you and all of us taxpayers have a vested interest in Lloyds shares rising again eventually.

BLB53

I would tuck them back in the drawer and look again in 2-3 years. Maybe they will have gone back over £1 and will have resumed paying dividends - who knows!