How to buy shares in NatWest when the Government sell it off?

danlightbulb

danlightbulb

danlightbulb

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Mentioned in the budget speech I think and I've also seen it mentioned elsewhere, that in the summer the Government will be selling off their ownership in NatWest.

How will Mr General Public like me buy some?

I might stick £500 in as a punt and hope to get a 2x in the next couple years.
 
danlightbulb said:
Mentioned in the budget speech I think and I've also seen it mentioned elsewhere, that in the summer the Government will be selling off their ownership in NatWest.

How will Mr General Public like me buy some?

I might stick £500 in as a punt and hope to get a 2x in the next couple years.
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It's the gov. Those shares will be long, long gone way before you even get a sniff of them being released.
 
Diddums said:
It's the gov. Those shares will be long, long gone way before you even get a sniff of them being released.
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It's meant to be for retail trade according to the Government article.

200sols said:
You could buy £500 worth anytime you wanted. UK Bank shares only go one way and it ain't 2x.
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I was assuming the offer would be at some sort of discount to the traded price, otherwise yeah it ain't worth it and I could do it now.
 
danlightbulb said:
I was assuming the offer would be at some sort of discount to the traded price, otherwise yeah it ain't worth it and I could do it now.
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Why would you assume that? They are taking a hit on it already.. and they are waiting for a more “favourable market” before they sell.

flooding the market with cheaper shares would only lower the asking price of the shares, everyone who buys them will most likely flip them straight away.
 
slinxy said:
Why would you assume that? They are taking a hit on it already.. and they are waiting for a more “favourable market” before they sell.

flooding the market with cheaper shares would only lower the asking price of the shares, everyone who buys them will most likely flip them straight away.
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Because what would be the incentive to buying them off the Gov rather than just on the existing open market if they weren't discounted?

I reckon they will discount somehow and limit the number per person.
 
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The same reason they come up with a 5k British only isa and how they have a policy to get DB pensions to invest in uk start ups.. sweet FA..

Assuming that they will be discounted, is just asking British tax payers to subsidise your investment.

If they are discounted, it will come with a heavy caveat in regards of re-sale, which they would have to setup a system for them to monitor and police it.
 
I remember the easy money from this sort of thing back in the day, BT British gas ect ect iirc I was selling allocations without buying shares on some .
It was like shooting fish in a barrel ( as a vegan I can't condone this action)
 
I assume they will just sell them in tranches over time. And (as with other uk banks) the share price will just stagnate.

Its not going to be like the sale of RM
 
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slinxy said:
The same reason they come up with a 5k British only isa and how they have a policy to get DB pensions to invest in uk start ups.. sweet FA..

Assuming that they will be discounted, is just asking British tax payers to subsidise your investment.

If they are discounted, it will come with a heavy caveat in regards of re-sale, which they would have to setup a system for them to monitor and police it.
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Would be nice if they had sell restrictions where the owner needs to hang onto them for X number of years. That would stop people buying to flip.

Frankly they shouldn't have even announced it. They could have just slowly offloaded all their shares at an average price as the share price fluctuated. Wouldn't even need to discount them then.
 
Semple said:
Would be nice if they had sell restrictions where the owner needs to hang onto them for X number of years. That would stop people buying to flip.

Frankly they shouldn't have even announced it. They could have just slowly offloaded all their shares at an average price as the share price fluctuated. Wouldn't even need to discount them then.
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They already sold a load to private investors… they are only doing this to balance the books for their latest budget.
 
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