Hey there! Sign in to join this conversationNew here? Join for free

I sold £48 worth of shares and only got £2.98 in return ?!? Watch

    • #1
    #1

    Commision, plus they probably went down. Commision can be 20+ pounds on some websites
    Offline

    18
    ReputationRep:
    (Original post by fefssdf)
    What do you mean - I didn't really have a choice - I had to sell the shares ? but yeh I'd rather have £50
    so the company gave you £50 shares but made you sell them?
    • Thread Starter
    Offline

    19
    ReputationRep:
    (Original post by SalazarSlytherin)
    so the company gave you £50 shares but made you sell them?
    Well I could've just kept them but I wanted the money and it was 31 shares so it's not like they were ever gonna be worth millions lol and I didn't intend on getting more shares either
    • Thread Starter
    Offline

    19
    ReputationRep:
    (Original post by Anonymous)
    Commision, plus they probably went down. Commision can be 20+ pounds on some websites
    I was just a but shocked I guess at how high this commission was :/
    Offline

    18
    ReputationRep:
    (Original post by fefssdf)
    Well I could've just kept them but I wanted the money and it was 31 shares so it's not like they were ever gonna be worth millions lol and I didn't intend on getting more shares either
    Im not sure why you are complaining hten if you prefer £3 cash over £50 shares
    • Thread Starter
    Offline

    19
    ReputationRep:
    (Original post by SalazarSlytherin)
    Im not sure why you are complaining hten if you prefer £3 cash over £50 shares
    Well in hindsight I'd rather just keep the shares but I didn't anticipate the commission charge
    Offline

    3
    ReputationRep:
    (Original post by fefssdf)
    So I was awarded shares in the company I work for and then sold them via the website which I was instructed to, but now i've just received a cheque in the post for £2.98, so I think I've been charged like £47 commission or something ?

    is there any way i can get my money back :/
    Hold on, how do you sell them via the website? I got awarded shares too from that company. There's no way to get the money back btw.
    • Thread Starter
    Offline

    19
    ReputationRep:
    (Original post by Peppercrunch)
    Hold on, how do you sell them via the website? I got awarded shares too from that company. There's no way to get the money back btw.
    Ok well basically I got sent a share certificate in the post and then attached was a letter with instructions on how to sell my shares, so I went on to the website and I had to make an account, and it told me to enter my activation code, but I didn't have one so i had to request a new one, and so in a few days time they sent me another one in the post, and then i finally logged in and then went on this option to sell the shares and then clicked a few boxes and then that was it and then they sent me my cheque...
    but If i were you then i would ring up the ' Equiniti' and ask for advice before just randomly selling them as it seems commission is kinda high, but depends how much you got in shares ?
    Offline

    2
    ReputationRep:
    Err didn't you want to wait for your shares to go up?
    • Thread Starter
    Offline

    19
    ReputationRep:
    (Original post by Alextaylor6)
    Err didn't you want to wait for your shares to go up?
    not really and its not like i would make much... I only had 31 shares
    Offline

    2
    ReputationRep:
    (Original post by fefssdf)
    not really and its not like i would make much... I only had 31 shares
    Yeah but it would be better than £3 XD
    • Thread Starter
    Offline

    19
    ReputationRep:
    (Original post by Alextaylor6)
    Yeah but it would be better than £3 XD
    I know lol... I guess I'm just going to see what the best thing is i can get for £3.. I was thinking some pens hehe
 
 
 
Reply
Submit reply
TSR Support Team

We have a brilliant team of more than 60 Support Team members looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

Updated: June 29, 2016
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    Brussels sprouts
    Useful resources
    Bizarre things students have spent their loans onThings you should budget for at uni

    Sponsored features:

    Making money from your own website

    Need some cash?

    How to make money running your own website.

    Bianca Miller, runner-up on The Apprentice

    Handle your digital footprint

    What would an employer find out about you on Google? Find out how to take control.

    Groups associated with this forum:

    View associated groups
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Quick reply
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.