RE: Gert Zonneveld- Canaccord16 Nov 2018 07:18
Panmure Gordon’s Gert Zonneveld was the first independent number cruncher to put a value on the postal service, which he argued at the time was worth £3.7bn-£4.5bn (against the official guess of £2.6bn-£3.3bn).
As we now know, the business floated at £3.3bn and soared to £6bn – meaning that the government stood accused of gifting it to a bunch of spivs. It’s now worth £4.7bn – leaving Zonneveld as a City rarity who might actually know what he’s talking about.