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Old 11-10-2013, 19:23   #1
Damien
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Was Royal Mail sold too cheaply?

http://www.bbc.co.uk/news/business-24488144

Quote:
The hugely oversubscribed sale was priced at 330p a share, valuing the 500-year-old firm at £3.3bn. At one point, the price hit 459.75p.

Private investors received 227 shares each. In all, more than 225 million shares were traded on Friday.
Probably it seems. Obviously you want it to go up slightly or stay the same but you don't want it to jump by almost a third.
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