Royal Mail Shares

sabretoothtigger

Try an order to sell at a price or higher, it'll form a queue

The 8am trade was a marketmaker probably. Come back at 4.30 and you will see some massive trades.
There is so much buying if someone didnt dump loads it'd have gone silly to 6 quid or something, their job is to always offer a price every second even if they dont want to sell

4.30 is a base for now, thats pretty high it seems to me. Looking at volume its not especially strong, 4.40 to beat for a proper rise


I cant sell because I have a cert but I dont think I would as I think more buying is occurring by bigger entities then retail flippers.
PE isnt too high still?

Klambo

Nick_C wrote: »

Even 4% net is a very good return for a BR taxpayer

Yeah it's probably about the same rate as I get for my N S & I index linked savings.

Better than keeping it in any bank or building society at the moment.

cashvoid121

Nothing is worse than (the act of) trying to get tickets for take that.

abathingape

AndyBSG wrote: »

She also confirmed that any money you are owed, if you applied for more than £750 of shares, will be refunded on Monday.

To add to this, just phoned and it's confirmed that if you paid by Debit Card then you will receive your refund via debit card.

Freecall

Now I'm totally confused.

MABLE wrote: »

Not at all. I have bought for the income potential.

MABLE wrote: »

Too tempting. We sold out at £4.51. We sent an auto limit with Barclays and the system sold for us. We set this trade thinking we would never get this price and were going to keep them. However for us a too good an opportunity to miss.

One of these positions must be correct!

shimmyjimmy

Sense check please.

If you sold for £2.27 a point at IG index (Number of shares / 100), you would effectively be hedging against future reductions right? Therefore you can lock in a profit of about £230-£240 despite not being able to sell the shares until Tuesday.

pine77

The royal family of kuwait managed to get a big chunk of the action apparently i just read.

Crater

ChopperST wrote: »

What you describe is exactly the benefit of holding shares in an online stockbroker. You can set a price you want to sell at and if the shares hit that point - your broker will sell at that price on your behalf. That is why you generally will pay a trading or holding fee.

I guess Equaniti doesen't count then? Neither of us have had any confirmation that we have shares, or been told that we haven't but other people are out there trading.

Crater

Dangerous_Dave2k wrote: »

Nothing is worse than (the act of) trying to get tickets for take that.

I don't have personal experience of that exactly, but having wrestled with AXS and their card details system not long ago, I feel your pain.

Doshwaster

pine77 wrote: »

The royal family of kuwait managed to get a big chunk of the action apparently i just read.

I wonder how much the Queen bought? She's known to like a dabble in the stock market so this must have been tempting.