I have been left 250 BPC 6% cumulative preference shares of £1.00
2007-02-21 23:41:38 · 2 answers · asked by Anonymous in Business & Finance ➔ Corporations
BPC - later BPCC and then Maxwell Communications - was liquidated with large debts shortly after Cap'n Bob's untimely (ie all too late) demise.
There are people - scripopholists - who collect share certificates from companies that went bust, if they're pretty or of historical interest. That's the only value I can see for your inheritance.
2007-02-21 23:48:43 · answer #1 · answered by gvih2g2 5 · 0⤊ 0⤋
If a company has been dissolved then there are obviously no value in the shares any more.
But, if the company was bought out, continued trading, but eventually changed there mode of production to something else, then technically the company is still trading and the shares will continue to be valid. Go and check with a broker, he can get them updated, tell you there worth and even sell them for you for a small fee.
2007-02-22 07:47:02 · answer #2 · answered by trickyrick32 4 · 0⤊ 0⤋