L'
5
Sunday, December 10, 1972
It tells of the "ups and downs" of prices and mentions some of the
points to look for when assessing what a share is worth.
It also deals with how to go about finding a broker the difference
between public offer and private placing of shares, what happens when offers
and placings are over-subscribed, investing on overseas stock exchanges and
where information on prices and turnover on the stock exchanges is available.
The pamphlet warns people against buying shares because of vague
rumours or suggestions, or from travelling salesmen.
It advises them to find out as much as they can about the company
involved before buying any shares and adds:
"If you cannot understand the prospectus, consult a reputable broker,
accountant, solicitor or bank manager who will explain it to you".
If the shares have been traded for some time people are advised to
look at the original prospectus as well as the information to be found in the
publications of the stock exchanges.
The pamphlet points out that a good source of information on any
company is the latest annual report and accounts of the company, a copy of which
can be obtained from the company secretary.
a risk
-
The pamphlet cautions: "Remember, buying shares on a stock exchange is
do not gamble unless you can afford to".
exchanges.
The pamphlet is for free distribution through the banks and the stock
Copies of the booklet will be available free from all City District
Offices, banks and stock exchanges or direct from the Government Information
Services, as from tomorrow (December 11).
Release time: 3.00 p.m.