Future28 Feb 2020 13:56
I have been watching this closely from the sidelines for about 6 months now but am struggling to see exactly where the future for Royal Mail now is. The parcels strategy is clearly about 15 years too late and the future is obviously not in letters so where does the company go exactly? The value must be in the network and assets so do management have any plan to make the most of these?
I'm watching with interest but cant see a catalyst to a higher share price, surely now the dividend will have to be cut drastically or axed totally. Any thoughts?