Royal Mail Shares

2010

Deal at best means the best price available when the broker decides to sell the shares.

Obviously the price could vary by as much as 40p (as it did today) so they "deal at best" at the time of the deal.

It doesn`t mean they get the best price of the day!

Mikey17

2010 wrote: »

Deal at best means the best price available when the broker decides to sell the shares.

Obviously the price could vary by as much as 40p (as it did today) so they "deal at best" at the time of the deal.

It doesn`t mean they get the best price of the day!

Thanks for the clarification

mcscoty1973

Well it is a game of chance I have to say. I dealt at 5.08 just as I saw the price start to slide. A bit gutted I did t have the nerve to wait until just after four today, it was up at 5.28 so that's 45 quid I could have been up. Still happy with what I did manage to get.


I was going to sign up for deal or no deal, but think I'll leave it for now ��


Happy trading everyone.

danfearn77

thanks for the help to the question i asked a while back.

Now to ask another! I noticed just before close that the price jumped to 537p and then retracted to 525p (as per google). But when i log onto my Equiniti account it says the market price is 537p. So which one is correct?

I read that traders continue to trade after the close so does this mean the correct price is indeed 537p and that is the price it will open at tomorrow?

mcscoty1973

From what I understand yes but I think there is a bit of trading before it opens as well so the price when it opens officially may be different.

danfearn77 wrote: »

thanks for the help to the question i asked a while back.

Now to ask another! I noticed just before close that the price jumped to 537p and then retracted to 525p (as per google). But when i log onto my Equiniti account it says the market price is 537p. So which one is correct?

I read that traders continue to trade after the close so does this mean the correct price is indeed 537p and that is the price it will open at tomorrow?

danfearn77

Cheers Mcscotty.

Soi take what Equiniti account says and go with 537? So before public trading tomorrow at half 8 it opens around 8 at that price of 537p? Sorry im just a novice at this.

mini670

Hi,

Sorry Im a newbie here, and looking for advice please.

I have a share certificate, which im hoping to transfer to x-o.
Im wondering when i send the certificate, should i leave the bank details dividends counterfoil on or not?

Thank you

mcscoty1973

Hi danfan I am a novice too, so don't take what I write as being advise, just my opinion.


I don't know if public can trade until the market is open but some traders can. Don't ask me how it works, I have not got a clue 😃

danfearn77 wrote: »

Cheers Mcscotty.

Soi take what Equiniti account says and go with 537? So before public trading tomorrow at half 8 it opens around 8 at that price of 537p? Sorry im just a novice at this.

danfearn77

See ive just been looking on the London Stock Exchange website and it indeed says that it closed at 537p. But then between 16:30 and 17:13 it fell to 526p. So what is the opening price tomorrow?

Vortigern

mini670 wrote: »

I have a share certificate, which im hoping to transfer to x-o.
Im wondering when i send the certificate, should i leave the bank details dividends counterfoil on or not?

Leave it on. No reason to take it off. After you've transferred to xo, the dividends will be paid to your xo account, not your bank account. Always assuming that you continue to hold the shares.