A quote from today’s Daily Mail:
100million Royal Mail shares traded in just one hour: Frenzy as value leaps by £1billion on first day of trading and critics say company was woefully undervalued.
I’m not a valuations expert or an economical whizz kid but it was so blatantly obvious the Conservatives were just in it for a killing . I’m sure all their wealthy pals did extremely well out of it and are counting their profits as we speak. The estimated £1 Billion could have eased the austerity measures perhaps , but why should the money people be worried about a failing health/welfare/education system … ? They won’t need to use it.