I know not a bookkeeping topic but just in case any of you have shares in RBS and have not yet received word. Be aware that they have announced (17:43 today) that they are doing a subdivision and consolidation.
For every 10 shares of 0.25p nominal value (and currently 0.216 actual value!) that you now own you will have 1 share after the consolidation worth 1.00!
Last day of trading for the old shares is the 1st of June.
New shares enter trade 6th of June.
a large chunk of my SIPP was in RBS shares still held for the long term recovery. So I now feel as though I've just had the rest of my pension (that they hadn't already taken) stolen by the Government (who still own enough of RBS to control them).
Shaun.
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Shaun
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