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Old 12-10-2013, 22:17   #22
Hugh
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Re: Was Royal Mail sold too cheaply?

Quote:
Originally Posted by Osem View Post
If George was doing his friends a favour he'd have favoured larger share applications.
Quote:
Originally Posted by TheDaddy View Post
He did that's why 70% of the shares weren't available to the public.

http://news.sky.com/story/1151131/ro...mall-investors
from TD's previous link on this page...

http://news.sky.com/story/1152622/ro...-to-get-shares
Quote:
That decision may prove to be contentious because some British private investors are likely to be excluded because they placed orders for more than £10,000-worth of Royal Mail shares.

Ministers are expected to argue that those who placed orders for more than £10,000 were professional rather than private investors, although observers pointed out that many of them - understood to number in the handful of thousands - were likely to be core Conservative voters.
Seems not to be helping his 'friends'[/quote]
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