Would be interesting if investors (or NatWest themselves, through a buy-back) get to snap up the public stake at firesale prices.
But the government stake was bought at £5, and all their sales have been at a massive discount. Recent one about £2.50.
Yeah, that's true. I recall it being controversial under Osborne. So they have form.
OK so the bank was turned around by Rose, now fired over a rather stupid privacy law violation, and the stake is sold off cheap?
That's our money that's being pissed up the wall.
@chez_jay started
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Would be interesting if investors (or NatWest themselves, through a buy-back) get to snap up the public stake at firesale prices.