Share Trouble ; Ask the Experts

Summary


D. P. writes: Some years ago, I bought 1,000 shares in Norfolk Capital Group plc. I have lost track of the company. Are they still worth anything? R.H.replies: Norfolk Capital Group owned a portfolio of hotels and two London clubs but the shares have certainly not given investors an easy night's sleep.

The company was taken over by rival hotel operator Queens Moat Houses in February 1990 on the basis of two QMH shares for every five Norfolk shares.

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Share Trouble ; Ask the Experts

QMH hit financial trouble and in 1993 its shares...

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