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Old 11-10-2013, 21:09   #5
Nidge41
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Re: Was Royal Mail sold too cheaply?

They could have made £2.7billion if they'd sold at a higher price.

---------- Post added at 22:09 ---------- Previous post was at 22:07 ----------

Quote:
Originally Posted by Osem View Post
The opening price is pretty meaningless. What's more indicative of the 'true value' is what level the price stabilises at in coming months.

I dare say all the RM staff who got shares will be delighted anyway and now they'll have more of an incentive to make 'their' business a success.
I bet the posties will be selling theirs next week when their share certificates come through. Correction, they've got to wait 3 years before they can cash them in, 5 years if they want to avoid tax.
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