PO IPO Anniversary

by | Oct 10, 2014

Share this article

It’s the first anniversary of the Royal Mail IPO on Saturday and since the flotation price was struck at 330p, it has peaked at 650p and now hovers around the 400p mark.

Bristol based Hargreaves Lansdown says that for 28% of its clients, the Royal Mail flotation was their first stock market investment. For 34% it was their first stock market investment for five years, or more; and, for 75% of 18 to 39-year-olds who got involved in the IPO, they said that they would happily get involved in future IPOs.

The irony, says Hargreaves Lansdown, is that private investors have been excluded from 93% of main market IPOs this year.

Share this article

Related articles

GBI 35 | Opportunity Knocks in 2023 | December 2022

GBI 35 | Opportunity Knocks in 2023 | December 2022

Season’s Greetings to all our Readers and Clients. While some business sectors start to wind things down for the year, we are busier than ever planning for the Spring and the tax year end. So, with this in mind we bring you our usual mix of news and opportunities that...

Active long term investing in Japan

Active long term investing in Japan

As stewards of capital, we help companies becoming better versions of themselves. We call this value-added ‘shareholdership’. We work hard to be considered the shareholder of choice. We want companies to want us on their share register; not simply because we bring...

Trending articles