We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Ordinary shares

Hi All.   Please could some explain how to decipher the value of these shares.
They are written as:
Ordinary shares of 6  14/81p each             number of shares 249
Ordinary shares of 12   204/473p each      number of shares 109
I don't know what all the numbers etc refer to?

Comments

  • Hoenir
    Hoenir Posts: 6,138 Forumite
    1,000 Posts First Anniversary Name Dropper
    What are the names of the companies concerned? 
  • wmb194
    wmb194 Posts: 4,374 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 12 December 2023 at 11:29AM
    Lordh64 said:
    Hi All.   Please could some explain how to decipher the value of these shares.
    They are written as:
    Ordinary shares of 6  14/81p each             number of shares 249
    Ordinary shares of 12   204/473p each      number of shares 109
    I don't know what all the numbers etc refer to?

    As Hoenir writes, do you have the names? Once you have them you can type them into e.g., the LSE's website or Google and you'll find their current price.

    My guess for the first one is Centrica: 249 shares * 144.95p = £360.93
    The second is National Grid: 109 shares * 1073p = £1169.57

    Without wanting to really get into it too far, you don't need to worry about the 'of 6p each,' that's just the base amount they've been issued for and the minimum price they can be issued for.

    https://www.londonstockexchange.com/
  • Thanks Guys.  A big help

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.9K Banking & Borrowing
  • 252.4K Reduce Debt & Boost Income
  • 452.7K Spending & Discounts
  • 241.8K Work, Benefits & Business
  • 618.3K Mortgages, Homes & Bills
  • 176K Life & Family
  • 254.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.