Quote:
Originally Posted by cmonstanley
they are not limited to small investors they were open to hedge funds  the same hedge funds who own the right wing press. you will now get limited information who bought these shares as they were private companies which are not covered by the freedom of information act.. other words the taxpayer has been stitched up  |
cmon, check your facts before you start ranting!
Anyone who ordered £750 worth got them. Anyone who ordered £10,000 or more got none.
A hedge fund would't order £750 worth- it wants
millions. So the big buyers are having to buy them off the little buyers(including the Royal Mail workers) at the new price. Nice profit for the little buyers! And if they don't want to sell they don't have to.
When it all settles down you'll find huge blocks will be owned by various pension funds who pay UK pensioners from the income from these and other shares.
So it's not all bad.