Selling shares

[Tweed]

If the price of shares in a PLC are going down and you want to sell them, will you always be able to. Is the company obliged to buy them back.

[Hammer]

Generally speaking, the company is not obliged to buy them back. You would have to sell them on the secondary market, to somebody else interested in buying them.

The laws of supply and demand set the price, so if everybody is trying to sell, the value will drop.

In some markets, there is very low liquidity (ie not many willing buyers) and so you would struggle to sell. You may be stuck with them forever!

[Hgrove]

As far as I know the company (where it's a plc) is not *allowed* to buy them back.  You should contact a stock broker.

[Loosehead]

Shares are like any other comodity, you can only sell if someone wants to buy. The PLC or any co that issues shares is under no obligation to buy them back.

[Tweed]

Thanks folks. I'm not dabbling in the trading game myself (as you can probably tell by the question) just curious.