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Old 10 February 2005, 06:47 PM
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*Sonic*
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Default Company Share Options advice

Being offered shares in the company which if we choose to buy, we have to keep them for 3 years

Once the 3 years are up then we can buy the same amount of shares again but at a fixed price of 30p per share (they are currently 44p, and yesterday were 33p)

We can only take up the extra option if we stay with the company for the next 3 years

However the twist is, that the company apparently will give us a loan to actually buy the shares

This Loan does NOT have to be paid back until either we leave the company, or when the 3 years are up, and it is interest free Loan too

Is this a good plan and worth doing ?

Any advice welcome

Cheers

Steve
Old 10 February 2005, 06:51 PM
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Tiggs
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cheap shares that rise are good
cheap shares that dont do much are ok
cheap shares that plumet are useless

so unless you see bad things for your co. get some.
Old 10 February 2005, 07:17 PM
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King RA
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Company share options are always a good idea...it's generally done in a way that you cannot loose. This is becuase at the end you have the option to either take the shares if they have risen, or get your money back if they have fallen.

What company if you don't mind me asking?....I'm in the Woolworths share scheme and a recent take over bid has sent them rocketing, these things can be taken into consideration.
Old 10 February 2005, 07:24 PM
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Chip
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Go for it. You wont lose.

Chip
Old 10 February 2005, 09:01 PM
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*Sonic*
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company is www.ansplc.com listed on Ofex

we are only a small company, and been on the look out for acquisitions quite a lot

when they listed on Ofex shares were £1.00 they dropped quite a bit a while ago to about 14p a share, one of the guys has made 4 grand since buying some in october, and has just bought a load more today

Last edited by *Sonic*; 11 February 2005 at 02:11 AM.
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