I’m gobsmacked that you spent £200 on shares that you didn’t really investigate too thoroughly. I wish I could throw that kind of money about!
Anyway, there is a market for shares to be bought/sold, however any share sale must be due to specific circumstances (think family emergency etc), as you must get approval from the Board to sell. If you fall into that category, there’s another topic on here (do a search!) and it’s a Wiki so you can simply add your details to it (how many, what you want for them etc) and see what happens. If you don’t fall into that category you probably won’t be able to sell them, sorry.
Thanks for the replies Wouldn’t have invested at all if I couldn’t spare the money so not worried about having cash tied up in shares, was just curious what the options would be looking into the future.
Is it likely that (eventually) Crowdcube will allow you to openly sell the shares etc?
It’s possible they could do that in the future but I don’t think they have that planned
Once Monzo are publicly traded (ie available to buy and sell shares on the stock market) you will be able to sell them easily. But there’s no date set for that yet so it could be years. If you hold onto them then the hope is the value will rise
If we’re lucky, they’ll eventually float on a stock exchange and you’ll be able to sell them on the open market. This could be 5+ years away though (my guess is 3-4 if there isn’t a global financial meltdown in-between.)
Another possibility is some company comes and gobbles them up, in which case you would likely get something unless the value had dropped a long way. I’d say this scenario is unlikely.
Or you could ask Monzo/Crowdcube for special permission to sell.
My advice, write off the money you paid, forget about them and one day you might just get a nice surprise!
That was indeed the idea, put the money into Monzo then come back in a few years time and perhaps get a holiday out of the profit (if any!). If not, hey ho, no big loss
Thank you for all the helpful replies, interesting to see how things pan out in the future with my Monzo shares! If I understand correctly, my £200 investment is now worth (theoretically) £338