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shrimp1

Newbie
Joined
Feb 9, 2012
Messages
4
Hi all,
about 3 years ago I brought( stupidly) some shares for Southend And it's new ground. I now want to sell them as I would rather a bit of cash. I rang the club asking how I could do this and they was ridiculously unhelpful.
Does anyone actually know how I can get rid of them?
 

shrimp1

Newbie
Joined
Feb 9, 2012
Messages
4
Also didn't mean for it to come up as the subject breaking news! Apologies!
 

tottenham541

President
Joined
Dec 23, 2009
Messages
6,170
You can't, you are stuck with them, me and a mate also brought them a few years ago but just to help the club out really, they are worth no more than the paper they come on:stunned:
 

shrimp1

Newbie
Joined
Feb 9, 2012
Messages
4
Really there is no way of selling then what so ever? Very stupid way of having shares, but doesn't surprise me with this club at the moment, gutted wanted rid of them!
 

OldBlueLady

Junior Blues Coordinator⭐
Joined
Dec 27, 2007
Messages
48,100
Location
Benfleet
Three years ago? :stunned: It was a lot longer ago than that wasn't it? Worthless, absolutely worthless.
 

Jam_Man

Life President
Joined
Apr 7, 2005
Messages
25,545
Location
Southend
They werent ever intended as an investment.

What would you realistically expect to get for them bearing in mind its for a company thats pretty much insolvent?
 

Mick

Life President
Joined
Oct 28, 2003
Messages
10,142
Really there is no way of selling then what so ever? Very stupid way of having shares, but doesn't surprise me with this club at the moment, gutted wanted rid of them!

Of course you call sell them. First you have to find someone who wants to buy them ...... herein lies the problem; they have no real intrinsic value.
 

shrimp1

Newbie
Joined
Feb 9, 2012
Messages
4
Well this seems to be an expensive lesson learnt then :thumbdown:
 

bazzashrimper

Director
Joined
Nov 23, 2005
Messages
2,644
Location
Billericay
You can attend the (Bi)AGM, which tends to have a sausage roll buffet at the end of it. Take your sausage roll and sell it on as a dividend. You will have your money back by 2343
 

Massimo Giovanni

Old Timer⭐
Joined
May 10, 2011
Messages
8,559
Location
Siena
I have some too! How did the advice run? "Investments can go down in value as well as up".
I live in hope that we draw Arsenal or ManUre in FA Cup away and ticket allocation goes to share holders as happened with Chelski. Slim pickings for sure.
 

Jam_Man

Life President
Joined
Apr 7, 2005
Messages
25,545
Location
Southend
We all knew at the time the shares weren't intended as a money making investment, they certainly weren't sold as such. They were simply a chance to own part of the club and to give the club a nice financial boost. (Prior to us finding out just how screwed we were financially funnily enough).
 

SARF

Director
Joined
Aug 9, 2004
Messages
2,327
I thought they gave you first dibs on season ticket seats at the new ground.... Not that that will have much value in div 4
 

Lord Football

Blues on Tour
Joined
Dec 18, 2004
Messages
3,532
Location
Sunny Southend on Sea
Oh you capitalists make me laugh!!!

You can sell them if they are listed on the Stock Exchange, you'll probably need a broker who will no doubt charge you more than you will make.
 

Jam_Man

Life President
Joined
Apr 7, 2005
Messages
25,545
Location
Southend
I thought they gave you first dibs on season ticket seats at the new ground.... Not that that will have much value in div 4

More importantly they give you life long priority tickets even if you dont have a season ticket.
 
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