Royal Mail has started to draw the attention of short-sellers, but data suggests there is a lack of conviction among traders that shares in the postal service will drop. More: continued here
Read More »Royal Mail: ‘99.9pc of emails were sent on day one’ – Telegraph.co.uk
Telegraph.co.uk Royal Mail: '99.9pc of emails were sent on day one'Telegraph.co.ukAlmost all Royal Mail shareholders who bought via the official government website were sent key information yesterday that allows them to sell their shares, according to the company that runs the scheme. A total of 99.93pc of emails containing the …
Read More »Royal Mail workers to hold nationwide strike in November over pay and working … – Express.co.uk
Royal Mail workers to hold nationwide strike in November over pay and working …Express.co.ukIn the first day of dealing for many of the 690,000 small investors who bought stock in the highest-profile privatisation for years, shares were up to 490p to value Royal Mail at £4.9 billion. That compares with …
Read More »Royal Mail shares start to attract short-sellers – Telegraph.co.uk
Telegraph.co.uk Royal Mail shares start to attract short-sellersTelegraph.co.ukRoyal Mail shares have surged 45pc since they began trading in the stock market on Friday, but there has so far only been a “fairly muted response” from traders looking to borrow the stock, a proxy for short-selling, according to Karl Loomes, a …
Read More »Royal Mail’s small investors poised for bigger role – Independent Online
Independent Online Royal Mail's small investors poised for bigger roleIndependent OnlineLondon – Strong public demand for Britain's Royal Mail sell-off could mark the retail investor's return as a more regular player in share sales, potentially giving firms another source of cash and broadening share ownership in the country. Small … …
Read More »MP Warns Cable Over Royal Mail Bank Jackpot – Sky News
MP Warns Cable Over Royal Mail Bank JackpotSky NewsThe looming row over bankers' fees, which are relatively low by City standards but still run to tens of millions of pounds, came as it emerged that Royal Mail workers had voted as expected in favour of industrial action, with a one-day …
Read More »Property: Royal Mail will cash in if it can deliver – Evening Standard
Property: Royal Mail will cash in if it can deliverEvening StandardIt hardly takes a expert to figure out the Royal Mail is sitting on property and land worth a huge amount more than the newly privatised carrier paid for it in times past. How much? That question can only be …
Read More »Royal Mail: '99.9pc of emails were sent on day one'
The number of Royal Mail shareholders unable to sell their shares through lack of a key reference number is tiny, the company running the scheme says. More: continued here
Read More »UK lawmakers launch Royal Mail inquiry as share rise continues – Reuters
UK lawmakers launch Royal Mail inquiry as share rise continuesReutersLast week, before the sale had been priced, the committee quizzed Cable on whether Royal Mail could be undervalued after some analysts said its London property portfolio may be worth much more than the official estimates. A poll by YouGov over …
Read More »Royal Mail workers vote in favour of strike following privatisation – The Guardian
The Guardian Royal Mail workers vote in favour of strike following privatisationThe GuardianRoyal Mail workers have voted 4-1 in favour of strike action over pay and conditions and the privatisation of the 500-year-old postal service. More than 100,000 postal workers will walk out on a 24-hour strike on 4 November …
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