Barclays rights issue >> what to do with small amo

[jondecs]

Hi, I got a small amount of Barclays ordinary shares (25p) anyone have any know how in this field~ only got 800 so might be worthless going to stockbroker to see if i should take up all my rights at a cost of £300 or leave and let it all lapse etc >> Thanks in advance for any input
John ~~

 

[snico]

If you need the cash, £2200 at todays prices, sell them.

 

[big-all]

you got your letter yesterday as well
they often do a non commision transfer but that will be at ok rather than a good rate
if your desperate then cash in
but i suggest you take your time and pick a time you will get a better rate or a better deal
i have 224 shares but not worth moving them on at the min

ok looks like option "C" is the 0.15% option to sell
but to be honest they only tend to buy at the bottom off the market when they can get shares cheap unless your desperate for the money i would hang in in
over the last 53 weeks they have been 338 or very nearly a quarter higher
over todays average off 273