How much are my shares worth?

Shocky

I was given some company shares 3 years ago and I would like to know how much they will be worth. Given that I know nothing about shares any help would be appreciated thanks.

I was given 500 shares valued at 445pence a share. The exercise date is July 2015 which I guess is the date I can exchange for cash if I'm correct?

geordie_joe

Share in what company?

Shocky

geordie_joe wrote: »

Share in what company?

Its Majestic Wine.

geordie_joe

Then just do a google search for "Majestic Wine share price"

Looks like if you sold them today you would get around 392p, and if you wanted to buy some they would cost you around 399p.

Shocky

So I assume if I sold all 500 then I would multiply 500 * current share price and that's figure I would get?

geordie_joe

Yes but share prices can go up or down very quickly, so don't bank on exact figure. Share prices available for free on the internet are usually delayed around 15 minutes, and the price can change dramatically in 15 minutes.

As an example, look at the chart on this page and see how quickly the price dropped in late March.

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=GB00B021F836GBGBXAMSM

DUTR

Shocky wrote: »

So I assume if I sold all 500 then I would multiply 500 * current share price and that's figure I would get?

Nearly but not quite, there is a fee to sell them too and the prices vary from stockbroker to stockbroker, and depends if they are electronically held or certificates.

Shocky

DUTR wrote: »

Nearly but not quite, there is a fee to sell them too and the prices vary from stockbroker to stockbroker, and depends if they are electronically held or certificates.

Thanks for your help. I hold a certificate in this instance.

Shocky

geordie_joe wrote: »

Yes but share prices can go up or down very quickly, so don't bank on exact figure. Share prices available for free on the internet are usually delayed around 15 minutes, and the price can change dramatically in 15 minutes.

As an example, look at the chart on this page and see how quickly the price dropped in late March.

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=GB00B021F836GBGBXAMSM

That chart is very interesting. The price did drop dramatically in late March!

DUTR

Shocky wrote: »

Thanks for your help. I hold a certificate in this instance.

With a certificate, you can take it to a local stockbroker or some banks.