OK, I’ve been investing a few years. But this morning I’ve learned a rookie lesson.
The hype about Royal Mail being so heavily oversubscribed suckered me in to subscribing for it: a self-fulfilling prophecy. So far, so good.
But instead of applying direct, I applied within my ISA. So now I’m a hostage to my broker: I can’t go to another broker to dispose of them (well, would you want to hang on to 227 shares?). And both Hargreaves Lansdown’s website and their phone lines are unavailable, probably due in large measure to heavy demand to trade those shares.