Depends. £4.04 I've heard mentioned if the stock market stays ok £2.50 to £2.70 if the US defaults and the stock market collapses.
Well that was fairly predictable - priced at £3.30 and no one gets more than £750 of shares
BBC News - Royal Mail shares priced at 330p
Wonder what they'll trade at initially - around £4 seems likely from what I've read.
I bid for more than £10k (from my pension fund) and I will be allocated the princely sum of 0. Nix.
What an absolute fucking waste of time.
In the meantime overseas sovereign wealth funds will cream off the profit.
cuddly wuddly beary beary boos
As it happens I think it's probably the best way to proceed in the circumstances, and I prefer not to use the word "fair" as it's such a slippery little thing (and Gordon Brown used it a lot )
Labour should be threatening to nationalise it ...with 0 recompense for share holders
Somethings should not be in private hands and this is one of them
Trouble is it's hard to turn a profit though it should do OK because of everyone buying stuff from the internet and needing it delivered. But it's inefficient, has unions stopping change etc.
It's no wonder it's not wanted but is worth something to try to pay off the debts Labour left the country in...
As for the unions - same unions as BT. They seem to cope okay. Once the Govt start having the vapours at the sniff of a strike the two parties will soon move into a grown up relationship without the brat as part of the trio
Got my 227 shares. Irie they'll probably dip back to asking price after an hour or 2 so buy in then. Lots of people will be selling for a quick 20%.