Does anyone know why Royal Mail's share price is on a continuous fall? It's really annoying as I can't see any reason for this constant downward trend. I bought in again at about 560p - so losing all the time now...
Good question! I can't see a specific reason for this share to keep falling (last set of results were pretty good). Although over the past week or so, markets have been quite volatile, possible correction on the way?
Although, personally I feel that Royal Mail was always destined for some kind of fall following its IPO surge. Look at so many other IPOs that do so well for a while, then settle down - perhaps the froth that a Mr Cable was talking about?
But remember, investing is for the long-term. I think some analysts had a target price of 660p on it.