You are here:

Canadian Stocks/price of old shares

Advertisement


Question
shares
shares  
Can you give me a idea of the price of this 500 shares?
No. 33114
Mount WrightIron Mines Company Limited
incorporated under the laws of the province of ontario
dated May 25 1976

Answer
Bernard, from the information I have available, the shares have no significant value.

The Company went through several name changes and at least two reverse splits (1 for 5 and 1 or 7) and became Videoflicks.com, which went private in 2005. Common shareholders received 2 cents per share. Based on the reverse splits, you would have been entitled to just 12 cents which would have been less than the price of the stamp.

Canadian Stocks

All Answers


Answers by Expert:


Ask Experts

Volunteer


Steven Taylor

Expertise

Canadian stocks, including growth and resource companies.

©2016 About.com. All rights reserved.