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.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
QUESTION - Barclays Ordinary Shares 25p each
I need a very simple explanation, which I can't find out via Google. I struggle with numbers etc, as I have Dyscalculia. So I really need an idiot proof reply.
I have 5 shares called Barclays Ordinary Shares of 25p each. I've had them for a years, and assumed they are worth 25p.
I've just noticed that it says 393.08p on the internet. Is that £393.80 per share? Does this mean 5 x £393.80 = £1,969, and not 25p (I do understand the amount goes up and down and there is a cost in selling them).
If I'm wrong, and they are worth 25p each, then never mind I've had a bit of excitement for a few minutes. I just wish the paperwork was clearer.
Thanks for any help.
Comments
-
25p is what they cost (nominal value) when they were first sold/listed. They are currently worth £3.93 each share (393.08p = pence).
2 -
They're not worth either 25p or £393.80 but 393.8 pence, i.e. £3.938, or just under £20 for the five.
Edit: just to add, for future reference, UK share prices are denominated either in GBP (pounds) or GBX (pence), so the relevant unit (GBX in this case) will be stated on the page you were looking at.
4
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.8K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.3K Work, Benefits & Business
- 605.9K Mortgages, Homes & Bills
- 179K Life & Family
- 263.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards
