Halifax HBOS shares.......?

If the takeover is completed on the current terms you will receive 0.83 LloydsTSB shares for every HBOS share you currently own, at the market prices at the time the deal was agreed this would mean you would have the equivalent of £2.32 per HBOS share (what Lloyds paid).

Keep them. Its not without risk but hopefully they will come good (12-24 months) If you are really nervous and don't want any chance of losing more money then sell for peace of mind. But for choice I would take my first option and keep your fingers crossed. Who put her into the shares? Was it a suitable investment for her circumstances? Who told her to sell? Has she got other shares (diversified protfolio)?

NOTE: this is not a cash offer, it is an all SHARE offer. The probable terms are 0.833 Lloyds shares for each HBOS share. The value of the bid will fluctuate with the price of Lloyds shares. The value therefore is 0.833*Lloyds price (NOT 188p)

Also note: Lloyds is being advised by.............Merril Lynch!! Only joking, it should turn out to be a cracking deal but not without risk in the short term. Who knows what is in store for the future and for HBOS and its buy-to-let mortgages.

If the Lloyds TSB takeover is completed, you won't own any shares any more. Under the current terms of the take over, your shares will be bought at 188p per share. You don't have a choice to hold on to them at that point, as the board has already agreed to it.

There is a hell of a lot of upside in Lloyds shares.So wait for the share transfer and HOLD and £10 in 2 years is not out the question.Lloyds is the only bank in the world that has the maximum credit rating from Moodys.It's a damn good inveatment

HBOS has grow to affix Lloyds yet your mum has not lost her stocks on her share certificates or dividends she has won interior the previous their would be an handle to write all the way down to if not write to Lloyds as they are between the main important share dealing agencies interior the united kingdom touch them on shopper centers 0845 60 60 560

Im holding on to mine. They are worth so little at the moment anyway with the current climate. Give them a coupla years if you are able and they could be worth a small fortune again.