Need help/advice

[andy000223]

Firstly i know nothing about shares but my dad bought 5000 shares in Emerald energy in about the year 2000..well he got parkinsons disease not long after and he forgot he had these shares and others..

Now my question is are these shares worth anything? if so how do we sell them.

Plz bear in mind i have no knowledge of dealing with stocks & shares

Thanks to anyone who can advise me

Regards Andrew.

 

[eegozi]

Firstly i know nothing about shares but my dad bought 5000 shares in Emerald energy in about the year 2000..well he got parkinsons disease not long after and he forgot he had these shares and others..

Now my question is are these shares worth anything? if so how do we sell them.

Plz bear in mind i have no knowledge of dealing with stocks & shares

Thanks to anyone who can advise me

Regards Andrew.

Do you live in Canada? If so there appears to be a company with the symbol EBY for Emerald Bay Energy on the Canadian exchange worth about $0.04/share. Your take is $200..... You have to prove somehow that you have these shares and open an acct and deposit them in your broker acct and then sell them. Probably cost you about $7-10 to sell them for commision so you walk away with ~$190.

 

[andy000223]

Thanks for the reply..but No i live in the Uk and the company is Emerald energy plc..

 

[markmc27]

Maybe this can help you

Emerald Energy Plc is a UK based company engaged in the exploration and production of hydrocarbons. Following the recommended cash acquisition, under the Scheme of Arrangement that became effective on 12 October 2009, and the subsequent delisting of the Company’s shares from the London Stock Exchange on 13 October 2009, the Company became a wholly owned subsidiary of Sinochem Resources UK Limited, a member of the Sinochem Group.

Shareholders, if you have any queries relating to your shareholding pre aquisition, please contact our registrars, Capita Registrars Ltd.

Capita Registrars Ltd
Bourne House
34 Beckenham Road
Beckenham
Kent BR3 4TU
Tel: 0871 664 0300 Calls cost 10p per minute plus network extras
Fax: 020 8478 2876
[email protected]
www.capitaregistrars.com

 

[andy000223]

Thats a big help many thanks..i will contact them tommorow fingers crossed

If he has 5000 shares at £7.50 = £37.500 sold is that how it works or am i dreaming lol..

 

[andy000223]

Bump...

Does 5000 shares at £7.50 = £37.000 sold..or am i dreaming

 

[markmc27]

ye 5000 shares @7.50 is 37000 as the price they agreed but couldnt tell you if because its 2 years later if anything has changed ,better off just ringing in the morning as you said

 

[andy000223]

Thanks Marc..Lets hope they payout or i'll go bonkers at my dad for forgeting he had a certificate worth £37k gathering dust..

 

[Doomberg]

Well if they are £7.50 x 5000 then yes, do the math