The British Labour Party on privatisation objection

According to foreign media reports, recently, the British Labour Party said privatisation may lose 5 billion pounds of taxpayers.
The British Labour Party commerce minister Chuka Umuna said, the British government sold the Royal Mail, there are more than 1000000000 undervalued.
The London Broker's Firm Panmuel Gordon managing director Zona Wilde said, the British government official estimates for the Royal Mail -- 2600000000 to 3300000000 pounds -- significantly underestimated the strength of the Royal mail.
Strong demand means that mass retail investors may not be able to get all of the shares has been applied for the. Retail investors will get the distribution of 30% of the shares, the remaining 70% will return to the banks and institutional investors are all.
The British government sold the stake of up to 62%, of which 10% belong to the 150000 employees all. This is John? Major sold the largest railway privatization since the nineteen ninties.
Royal Bank shares in October 11th the shares listed in stock exchange, the bank will start trading. But until October 15th, retail investors will not be able to sell their shares.
MYEX Minya Express International
2013-10-10