Royal Mail Shares

Doshwaster

Blackdog wrote: »

At least we now the answer to how many we will be allocated even if it is a bit disappointing. The share price should rocket next week at this rate and I suspect most people will keep their £750 worth rather than selling some for a quick profit which they would have done with a larger allocation.

Well, if the price goes up to £3.80 that's a profit of £113.50, £4.00 gives £158.90 and £4.50 gives £272.40. If the price hits £5.00 then that's a £385.90 gain (all before trading costs of course)

Personally, I'd be looking for an instant profit of over £200 to bother selling immediately. Less than that I'll probably hold.

marvin

Apparently minimum is the new maximum get used to it with this government.

Personally never expected more did not apply for more so did not waste resources sitting around doing nothing for a week.

marvin

Rheumatoid wrote: »

No

"More than 270,000 applicants, (37% of applicants) will receive at least half of the shares they have applied for" is a bit confusing but just implies 37% applied for 3k or less

Surely that should be £1500 or less?

pine77

Do professional investors get their shares?

It seems only the middle classes have been targeted by the lib dems to get nothing as usual..

newbie1980

absolute joke especially when you think the big investors are going to get millions and the pi very little

pine77

So I bought my shares through a stockbroker, i bought over 10k, does that mean i get nothing?

marvin

pine77 wrote: »

So I bought my shares through a stockbroker, i bought over 10k, does that mean i get nothing?

As I understand it.. Yes

armour

I'd have liked the govt. to withdraw shares earmarked for city institutions to fullfill the private investors requests more fully.
I believe the city firms got 70%.

marvin

armour wrote: »

I'd have liked the govt. to withdraw shares earmarked for city institutions to fullfill the private investors requests more fully.
I believe the city firms got 70%.

67/33% split

http://forms.bis.gov.uk/royalmail/royal-mail-share-offer-announcement-of-offer-price/

pine77

What a waste of time..