New Lloyds Bank Share offer

jamesnan | 12:04 Fri 27th Nov 2009 | Personal Finance

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I have received a letter offering me shares in the new Lloyds bank offer, they are at present being offered almost 60% under value - does anyone have any opinions on the offer, is it worth taking the offer up, or am I better off hanging on to my money.

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yogi-bear

Hi jamesnan

I would hold on to your money.........invest it in a high interest bank account with someone like Barclays/ Halifax/Abbey National etc..........shares are too risky.

dzug

Perhaps a follow up question then - is it better to sell your rights now or leave them to sell them for you when the offer has closed?

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