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?

I hope he declares it! :-)

Skinny doesnt need to its a gift. See present Income tax Laws.

BBC have said 330p will be the float price.

And they reckon it could hit 400p on first day.

Daily Spread bet may be a good way to play this.

IG quoting 3950 - 4150.

ehhhhhhhhhh tight so and sos.

plan down the swanny.

Just moved - 3975.0 - 4175.

Is their a lock in for Hedge funds Skinny any idea?.

No idea - I've applied for 2 lots, but as I feared, it looks likely to be heavily scaled back.

Yep feared that.

Just wondering if the Hedgies will take a very fast buck given the probs in the US.

Over 4 on the bid now.

Just appeared on twitter.......

Robert Peston ‏@Peston 1h
If you applied for > £10k Royal Mail shares, you get 0. But if you went for min £750, you get £750. See update

http://www.bbc.co.uk/news/business-24470086

GF - read to the bottom :-

"I was told earlier that the decision to go for the cut off at £10,000 plus had been taken.

I have now been informed that the decision will in fact be taken in the coming hours.

It may turn out that my report of zero shares for those applying for more than £10,000 worth will be right. Or it may not.

Which leaves me feeling a little bit foolish, but that's not so unusual."




And who the hell is Mrs Miggins!!

God knows.

Peston seems to have got himself in a pickle, but to be fair it does say hes updating all along.

Is that Miggins or Muggins?

Currently 4075.0 - 4275.0

Looks like I might get 2 lots of £753 - 228 shares.

How many Royal Mail shares could you get?

IG‏@IGcom2m
Guess the #RoyalMail IPO price at 9am tomorrow. Closest wins an IG tshirt! Use #IGRoyalMail. Entries in by 7.45am

https://twitter.com/IGcom/status/388325878670712832/photo/1

Beat you skinny!

Based on the government upping the retail selling from 30% to 33%, I think I'm getting two lots of 250 shares costing £825.

;-)

Not fair... I didn't get any.