Are Royal Mail shares still a 'buy' as they sail over 500p? Investing experts …This is MoneyRoyal Mail have broken through the £5-a-share barrier today to trade at 507p – that is a handsome 54 per cent above their 330p launch price a week on from the float. That price – 27p or 5.6 per…
The Independent Royal Mail shares soar above £5The IndependentShares in Royal Mail have risen 50 per cent above the offer valuation a week ago to hit more than £5 as Business Secretary Vince Cable admitted he was told before the float that the price could soar. The new high was reached as Mr Cable said…
Anthony Hilton: MPs' posturing about 'underpriced' Royal Mail share sale is …The IndependentThere is something absurd about posturing MPs pretending to be upset that the Royal Mail share sale was underpriced and that taxpayers have been massively short changed as a result. Where were these same MPs when it mattered and the taxpayer really … More:…
Cable seeks to justify Royal Mail priceFinancial TimesRoyal Mail shares hit 500p on Friday – more than 50 per cent above last week's offer price – as the business secretary Vince Cable responded to accusations he had botched the pricing of the biggest privatisation for a generation. Mr Cable wrote to the … More: continued here
The taxpayer has been sold short by the Royal Mail flotationFinancial Times… it feels safe to say, have rarely figured among them. Long seen as a business in decline, Royal Mail has been affected in recent years both by its highly politicised workforce and by encroachments on its business from new technologies and rival ……
Royal Mail shares soarFinancial TimesRoyal Mail shares continued to rise this week despite a vote for strike action by postal staff – but thousands of retail investors struggled to sell after the official trading service was overwhelmed. Investors who bought shares directly from the … More: continued here
IBTimes.co.uk Royal Mail Shares Touch 500p Mark as Offer Price Questions Surround Vince …IBTimes.co.ukRoyal Mail shares touched the 500p mark in trading on 18 October, a 51% leap on the government's contentious offer price when it sold off the communications firm, before falling back slightly. Critics of the Royal Mail privatisation, including Labour's … More:…
Shares in Royal Mail have risen 50% above the offer valuation a week ago to hit more than £5 as Business Secretary Vince Cable admitted he was told before the float that the price could soar. More: continued here
The Guardian Postal workers' strike: Royal Mail should expect a battle royal | Gregor GallThe GuardianFirst, there is the most obvious sense in which the jobs and conditions of Royal Mail workers are under even greater threat. The company has continually been in a state of being prepared for privatisation so some 50,000 jobs have…
Cable Hits Back At Royal Mail Sale CriticsYahoo News UKVince Cable, the Business Secretary, has rebutted claims that he cost taxpayers hundreds of millions of pounds by undervaluing shares in Royal Mail, arguing that the price of the privatisation should be assessed only after the Government has sold its … More: continued here