Big demand for Royal Mail shares

The video discusses the Royal Mail's initial public offering (IPO), highlighting that 62% of the company will be sold, with 10% reserved for employees. The remaining shares are largely allocated to city banks and hedge funds, leaving small investors with limited access. The shares are priced at a maximum of £3.30 each, valuing the company at £3.3 billion, though analysts predict a higher market value. Royal Mail's competitive advantage lies in its extensive delivery network. Concerns are raised about city firms profiting before shares are available to the public.

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