Best way to sell a small amount of shares

[steveatesh]

I have power of attorney for finance for my mother who has gone into care. She has a small holding of northern electric shares, worth around £1000 or so.

I need to sell them on her behalf but have not got a clue where to begin. Is there an easy way of doing this online and if so any recommended trader please?

[Beggarall]

Do you have the share certificates? If so you may find her bank will sell them for you (for a consideration). You will need to go through all the form filling to show you have LPA (if you have not dome so already). A lot of the on-line share dealing accounts will allow you to trade but I am not sure if you can open an account in someone else's name even with LPA - maybe someone else can advise? More complicated if you don't have the certificates. Will be interested to learn how you get on as I am doing probate following death of my mother and and she held a tiny holding in a private company but sorting this out by locating them and changing title is going to cost more than they are worth - even if we could sell them!!

[jeff m2]

just because you have a poa doesn't mean you have to use it.
Find out from whom she bought the shares, type up a letter instructing them to sell, possibly with a limit, get your Mother to sign it.
Maybe even a telephone instruction would do.

My Mother wishes to dispose of X, I have her sitting next to me.....

[Robbo 27]

I have an even worse position, I have 8 individual HSBC shares which were a bonus issue, cost of selling them will exceed their value, so I just file them away. Crazy.

Presume that there is nothing else I could do?

[Beggarall]

Robbo 27 said:

I have an even worse position, I have 8 individual HSBC shares which were a bonus issue, cost of selling them will exceed their value, so I just file them away. Crazy.

Presume that there is nothing else I could do?

I suppose what you could do is buy a whole lot more, hold them for a while and then sell them all together - hopefully at a profit. Depends whether you fancy HSBC. It is very difficult to know what to do with these tiny holdings