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£4.6bn Stamp

£4.6bn Stamp

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That's how much the Royal Mail is worth.

In 1 days trading up £1.3bn

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Originally posted by e4chris
That's how much the Royal Mail is worth.

In 1 days trading up £1.3bn
Is that good?

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Originally posted by bill718
Is that good?
Only if you own a piece of it. 🙂

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Originally posted by bill718
Is that good?
"Royal Mail employees are unusual beneficiaries. When the government decided last month, to sell shares in the company, it said 150,000 employees would be offered free shares, worth 10 percent of the company. Postal workers will be able to closely follow the share price: the company said it set up large screens in its mail centers and delivery offices for the stock market debut."

http://dealbook.nytimes.com/2013/10/10/royal-mail-shares-priced-at-high-end/?_r=0