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Royal Mail Shares
Comments
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It's very confusing, if you go to the Equiniti site to sell your shares with the £17.50 scam commission, it says prices delayed by at least 15 minutes, so WHAT price are you actually selling at if that price is delayed?
Also LiveCharts seems to have the ACTUAL live price with no delay I think.
The automated phone line is the funniest, you pay approx £8 commission but you don't know when or how much or if you've sold them - what a joke this is in the internet age of 2013! Maybe they decided to do it all by post so the Royal Mail have some work, despite the CWU's attempts to destroy it.0 -
Please tell me someone is STILL waiting on their shareholder reference number..0
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Well I know that the Govt didn't want everyone to just make a quick buck but I dont agree that they staged things in order to try and keep people from selling early, had that been the case I am sure they would have put some other restrictions on the selling of shares, like they have done with RM employees.
I think it has been done this way because equiniti could not manage the situation properly and the 2 days was a get out clause. Sadly some people still have not recieved their email that didn't tick any boxes.Yes but you miss my point, the sell off was NEVER intended for people to make a quick buck.
Sure some people could not sell at the best price, but then again some of us could sell at the best price but got nowhere near the best price.
Again had the intention of the sell off been designed purely so that every applicant could make a quick profit, then sure to make it fair then everyone should have been able to sell on the flotation date.......but since this was not the intention of the sell off then your claims of "unfairness" are unfounded.0 -
BTW as I posted yesterday, why do people keep claiming that the automated line batches them into TWO sales at 11am and 3pm when it doesn't state that at all. It says they will be batched up and sold 'by' that time as in before NOT exactly at that time. Looking at the volume of sales spikes on yahoo finance there are no spikes at either of those times either.0
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JP.
Apparently quite a few are according to a post from the telegraph earlier on. However, did you make a mistake and tick a box on the application form? if so, you might have mistakenly have opted for share certificate instead like I apparently have.
You might want to call equiniti and ask them where your email is.Please tell me someone is STILL waiting on their shareholder reference number..0 -
Yes but you miss my point, the sell off was NEVER intended for people to make a quick buck.
If the sell off was never intended for people to make a quick buck, the gov would have included a clause so people couldn't sell right away...like they did for the royal mail staff.
Now stop whining about people selling in the short term, you're starting to sound like a broken record, its pretty obvious your panicking cos you've decided to hold, ...remember share prices can go up as well as down0 -
BTW as I posted yesterday, why do people keep claiming that the automated line batches them into TWO sales at 11am and 3pm when it doesn't state that at all. It says they will be batched up and sold 'by' that time as in before NOT exactly at that time. Looking at the volume of sales spikes on yahoo finance there are no spikes at either of those times either.
You're wasting your time making rational statements based on fact in this thread I'm afraid0 -
Yes but you miss my point, the sell off was NEVER intended for people to make a quick buck.
When they decided that private investors would be capped at £750 worth that is EXACTLY the expected outcome. Who on earth wants to hold on to a measly £750 shares to get a £40/year dividend return? not many people, certainly no serious investor. No Fast-Buck was the reason most people applied for low amounts. Serious 10k+ investors who might have held on to them got none.
I have learned that small shares is a mugs game, the broker's who rake off the top of every transaction are the ones making the do$h, stealing most of the profit (bar these giveaway new flotations)0 -
WALOB ..the reason why so many members of the public buy gov flotation shares is to make a quick buck. Not everyone has spare money they can tie up or gamble on the stock exchange. But most people will be happy to temporarily shift some money into stocks for a few weeks, especially if they are almost guaranteed a nice return.
If the sell off was never intended for people to make a quick buck, the gov would have included a clause so people couldn't sell right away...like they did for the royal mail staff.
Now stop whining about people selling in the short term, you're starting to sound like a broken record, its pretty obvious your panicking cos you've decided to hold, ...remember share prices can go up as well as down
Errr perhaps you need to read the post and poster I was originally responding too!
I haven't held onto my shares NOR am I "whinnying " about people selling in the short term.:cool:0
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