Is anyone on ROYALMAILCHAT going to buy extra shares.

[OnAFlyer]

IMO,any postie who buys extra share's is selling his or her soul to the Devil.

Why? A lot of people are going to make a lot of money from this, which is why it's happening. Might as well by some shares and make some yourself, I will be.

[Cichlid]

I am not going to buy any because it seems morally wrong.

Anyone considering buying shares should read the prospectus risk factors.

Scary reading.

[wandle]

I am not going to buy any because it seems morally wrong.

Anyone considering buying shares should read the prospectus risk factors.

Scary reading.

It is a legal requirement to put known risks that could materially affect the share price into such documents. The prospect of strike action has not affected demand for the shares, though. Presumably, the institutions are accepting that the price set by government will take account of the strike threat.
So, here's a scenario for you...
Offer closes. Government sets price of shares at, say, 280p.
Conditional dealings in the shares commence on 11th October, shares rise to, say, 300p, driven up by those who did not get all the shares they wanted buying the additional shares released by government (they have a clause perrmitting this), and shares of those who are selling out to bag a quick profit.
October 16th, the union announces an overwhelming YES vote in the ballot. Share price barely wobbles, because institutional buyers had already assumed there would be strikes.
Three days later, after RM convened hastily-arranged talks with the CWU, a deal is struck and announced to the media. The share price leaps, to 330p the upper end of the government's original price range, and Everyone's A Winner, baby.

Except the taxpayer, who watched the government flog shares in a national asset at 50p per share less than they could have sold them for. That extra money now lines the pockets of their already-rich pals in the City

[Alverton]

I'm buying loads, fantastic opportunity. CWU or anyone else hasn't convinced me in the slightest that its a bad idea to move forward. Short term it seems sound solid. Long term can be fantastic, yet kinda risky.

Fwiw not in the slightest morally wrong. Everything evolves.

[DavidUK]

I am not going to buy any because it seems morally wrong.

Anyone considering buying shares should read the prospectus risk factors.

Scary reading.

It is a legal requirement to put known risks that could materially affect the share price into such documents. The prospect of strike action has not affected demand for the shares, though. Presumably, the institutions are accepting that the price set by government will take account of the strike threat.
So, here's a scenario for you...
Offer closes. Government sets price of shares at, say, 280p.
Conditional dealings in the shares commence on 11th October, shares rise to, say, 300p, driven up by those who did not get all the shares they wanted buying the additional shares released by government (they have a clause perrmitting this), and shares of those who are selling out to bag a quick profit.
October 16th, the union announces an overwhelming YES vote in the ballot. Share price barely wobbles, because institutional buyers had already assumed there would be strikes.
Three days later, after RM convened hastily-arranged talks with the CWU, a deal is struck and announced to the media. The share price leaps, to 330p the upper end of the government's original price range, and Everyone's A Winner, baby.

Except the taxpayer, who watched the government flog shares in a national asset at 50p per share less than they could have sold them for. That extra money now lines the pockets of their already-rich pals in the City

You pretty much hit the nail on the head. IA will no be a surprise and if there is IA it will end sooner or later. Canny investors will be seeking to BUY if the share price falls due to IA with a view to selling once the dispute is settled. And no one makes a profit or loss until they sell.

[Chelseablue]

Some rights cocks have joined recently on here ,,,bit fishy,,,,

[UnhappyGremlin]

Some managers have joined recently on here ,,,bit fishy,,,,

Not fishy in the slightest. It was to be expected.
It happened in 2009 also.

[shepherdess]

Is the cwu going to buy any as an investment ? No joke they do invest money and I'm sure it's been discussed at a higher level hope I get an honest answer

[cloherty1976]

Is the cwu going to buy any as an investment ? No joke they do invest money and I'm sure it's been discussed at a higher level hope I get an honest answer

Good point remember the the church invested in wonga.

[Chelseablue]

Cloherty are you gonna come out ,and I don't mean you're personal life

[cloherty1976]

Cloherty are you gonna come out ,and I don't mean you're personal life

What do you mean by this?

[Chelseablue]

I'm askin you out for a pint

[cloherty1976]

Enjoying one at the moment

[Chelseablue]

Looking out uniform for another life after revision struggle,,

[dvbuk55]

Is the cwu going to buy any as an investment ? No joke they do invest money and I'm sure it's been discussed at a higher level hope I get an honest answer

I was wondering if there was going to be some sort of settlement for the CWU or it's officers - I'd be interested to know if any of them will be investing as individuals