Quote:
Originally Posted by Osem
Helping his mates, selling it too cheap, blah, blah, blah. Whatever he'd have done some people would be whining. The price these shares are currently trading at has nothing to do with the fundamentals of the business and the fact that major pensions funds and investment companies have bought into the issue is a very good thing for the business and millions of ordinary pension holders and savers whose funds/returns have been having a pretty hard time in recent years. Don't let that spoil the anti-Govt. agenda though eh...
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I think the best thing for ordinary people and businesses will be how the Royal Mail performs post-privatisation. If it's sold off cheaper than it perhaps should have been then that's not great, regardless of how it helps investment funds, but it's not the worst thing in the world. However the Government will be judged long term on the effects of privatisation.