The Trader 

Trade Royal Mail’s momentum potential

Trade Royal Mail’s momentum potential

When Royal Mail (RMG) was privatised in October 2013 many suggested it was being sold off too cheap. Given that the hugely oversubscribed IPO price was at 330p and the stock opened up at 450p, that seemed a fair criticism at the time, especially give the healthy profits for those who were only in the shares to sell them on immediately.

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