{"id":1552,"date":"2013-10-11T12:37:25","date_gmt":"2013-10-11T12:37:25","guid":{"rendered":"http:\/\/www.theparentsocial.com\/?p=1552"},"modified":"2019-01-12T12:05:41","modified_gmt":"2019-01-12T12:05:41","slug":"the-small-investor-loses-out-again-royal-mail-ipo","status":"publish","type":"post","link":"https:\/\/www.theparentsocial.com\/the-small-investor-loses-out-again-royal-mail-ipo\/","title":{"rendered":"Royal Mail IPO: Small Investors Lose Out Again"},"content":{"rendered":"

I can’t really spin this to be connected with parenting, although had there been the possibility of a decent profit on buying and selling shares<\/a>\u00a0from the Royal Mail IPO, I would have spent it on the children.<\/p>\n

I have been interested in the stock market since my dad bought some shares in Rolls Royce on my behalf when I was 12.\u00a0I’ve never had much money to invest in the stock market, but I have enjoyed dabbling every so often. I also read a lot about stock markets in this link<\/a> but in recent years, with children and little disposable income, I have done so less and only providing I’ve paid into the childrens’\u00a0CTFs and Junior ISAs<\/a>\u00a0and I’m not using housekeeping money!<\/p>\n

As\u00a0a stay-at-home-mum, who previously worked for a financial company in the City, the idea of dipping my toe into investing again is an exciting one. Although only seven or eight at the time, I remember the whole British Gas ‘Tell Sid’<\/a> IPO, and the Royal Mail IPO was reminiscent of those times. I wanted to be involved.<\/p>\n

I applied for a smallish amount of shares in the Royal Mail IPO: more than the minimum investment of \u00a3750, but a heck of a lot less than \u00a310,000.<\/p>\n

The Royal Mail IPO and private investors<\/h2>\n

I found out this morning that I, and every other small investor that had applied for less than \u00a310,000-worth, had received just \u00a3750 of stock (only 93,000 out of 730,000 small investors had actually wanted to buy just \u00a3750). Those wanting to buy more than \u00a310,000 got the news today that they had been allocated a grand total of zero shares. This is amazingly disappointing for anyone who had a nest egg they wanted to invest.<\/p>\n

Yet again, the private investor is maltreated and given a paltry tranche whilst the greedy institutions are able to get their mitts on the lion’s share. I’m really cross.<\/p>\n

To add insult to injury, the money for the full amount I wanted to invest has been taken out of my account and, like 635,000+ others, I might not get this refunded until October 21. I won’t get a penny in interest. What <\/span>a nice little earner for the Government!<\/p>\n


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I can’t really spin this to be connected with parenting, although had there been the possibility of a decent profit on buying and selling shares\u00a0from the Royal Mail IPO, I would have spent it on the children. I have been interested in the stock market since my dad bought some shares in Rolls Royce on<\/p>\n

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