ABOUT two million small investors made an instant profit of 42p when dealings opened in BAA shares.
But with only 100 shares allocated to each applicant, after dealing costs the profit would have been less than £30.
Five hundred million shares in the former British Airports Authority went on sale, most of them to about two million private individuals.
Converted for the new archive on 14 July 2000. Some images and formatting may have been lost in the conversion.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article