I am interested to hear any opinions about the proposed Royal Mail floatation. Will it remain a croc and sink or will it open at a premium and fly?

Laura Kuenssberg ‏@ITVLauraK 7m

Also hearing only one big UK institution made it into top 10 in Royal Mail placings - other countries' sovereign wealth funds won out!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

David Buik ‏@truemagic68 4m

I hear that one Sovereign Wealth Managment Fund was issued less RMG shares than his mother was! I think Dr Cable meant what he said!

one of the above statements may have an element of truth, but clearly not both

meanwhile, IG L2 shows bid/offer of 55m to 3m ..... clearly not much shorting interest there then!

And back to the subject please !!!

Cap Spreads current spread is 2.5 for spread betters.

true market or CFDs with IG shows 0.25p

Somebody on twitter saying platform is locked at gridlock. cant trade either way on s bets.

Paul Mason ‏@paulmasonnews 1m
#RM I've seen 3x bull markets in my career and none of them involved food banks & falling wages (3/5)

from Camden, London

I'm staying clear at mo cynic, you having a dabble?

I haven't been able to logon to HL all morning - tough if you want to trade anything!

no I didn't and shan't chris, though more from laziness and innate disinterest than anything else

Disinterest = unbiased.

Selftrade announced that I should be able to trade them by Tuesday when my £750 worth should be allocated and the remaining cash transferred back. Get what you pay for I suppose.

Share centre works OK and I've ditched my paltry holding

Just heard on BBC news that retail investors will have a 1 week lock in period before they can trade their shares. Not sure if that is correct based on the above posts!

Its not!

Probably another Pesto faux pas!

Green or red? :-)

Its a very sweet day atm long may it continue.

Royal Mail: postmen given shares will 'take the money and go on strike'

Postmen who have been given free shares in Royal Mail while tens of thousand of people have missed out will "take the money and go on strike", a union leader said






By Steven Swinford, and Christopher Hope

8:50AM BST 11 Oct 2013


A total of 149,632 postmen – equivalent to 99.75 per cent – have been given £2,200 worth of free shares as part of the privatisation of the 500-year-old company.


However, on Wednesday the Communication Workers Union will announce the result of a ballot for industrial action.


Billy Hayes, the union's leader, said that the free shares will not make a "scintilla of difference" to the outcome of the ballot.


He said: "Why not [take the money and then go on strike]? These executives make big killings and run down a service. It's about greed.


"There's no celebrations in delivery offices throughout the country. We have got Sovereign wealth funds. Kuwait has bought shares in Royal Mail, Singapore has bought shares. We're going to have a situation where the royal family in Kuwait has more influence over the postal service in the UK than the royal family in this country."


http://www.telegraph.co.uk/news/uknews/royal-mail/10371642/Royal-Mail-postmen-given-shares-will-take-the-money-and-go-on-strike.html