MT Tracker – 10 October


The big event for the MT basket of transport shares – the MT Tracker – is that Royal Mail will be joining this watching brief from tomorrow. The BBC is already reporting this morning that shares will trade at the top of the price range (around 330p) giving it a value of £1.7bn. As Royal Mail’s value, and market cap, will skew the data heavily, much in the way Rentokil did before the management buy-out at CityLink back in April […]