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Royal Mail share buyers make instant £250 as price soars

Share price rise of 35% will fuel accusations that the government undervalued Royal Mail and shortchanged the taxpayer The 690,000 people who managed to buy £750 of Royal Mail shares have made an instant paper profit of more than £250 after the shares soared by 35% when they started trading …

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Royal Mail Shares Surge in Debut – New York Times

New York Times Royal Mail Shares Surge in DebutNew York TimesLONDON – Shares of Royal Mail rose 38 percent on their first day of trading on the London Stock Exchange on Friday, adding to criticism from some policy makers that the government sold a majority of Britain's main postal service …

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Was Royal Mail sold too cheaply? – BBC News

BBC News Was Royal Mail sold too cheaply?BBC NewsWith £27bn of investors' money having chased shares priced at just £1.7bn, and with Royal Mail's share price trading at more than 450p this morning, compared with the 330p a share the government is receiving, there is a certainly a case for …

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Royal Mail value soars by £1bn

Royal Mail soared by more than £1 billion in value during a storming first day of trading, netting big profits for investors but prompting accusations that the Government sold it too cheaply. More: continued here

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