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buckleb · 14-10-2013, 09:52

It doesn't matter what the share price will be in 3 months time, it's what they could have been sold for when they were issued. It's glaringly obvious that they were sold off too cheaply. However, It's easy to say that the price was set to help Tory 'friends', but it's more likely that the price was set low to ensure that they sold, because after all, politicians' reputations are far more important than little things like getting value for money.

As with previous privatisations, the shares will eventually end up with the big institutional investors. As with previous privatisations, we will find ourselves with a cartel of price-fixing companies.

14-10-2013, 09:52	#27
buckleb Inactive Join Date: Apr 2006 Location: Sawbridgeworth Services: Vivid 200 Tivo 500GB Posts: 366	Re: Was Royal Mail sold too cheaply? It doesn't matter what the share price will be in 3 months time, it's what they could have been sold for when they were issued. It's glaringly obvious that they were sold off too cheaply. However, It's easy to say that the price was set to help Tory 'friends', but it's more likely that the price was set low to ensure that they sold, because after all, politicians' reputations are far more important than little things like getting value for money. As with previous privatisations, the shares will eventually end up with the big institutional investors. As with previous privatisations, we will find ourselves with a cartel of price-fixing companies.