Royal Mail shares are down over 50%. Here’s what I’m doing!

Royal Mail (LSE: RMG) shares have failed to excite in recent times. In fact, the stock’s down 53% in the past 12 months. And Royal Mail has fallen 47% this year alone. The soon-to-be FTSE 250 courier business currently trades for 274p.

So, why has the firm seen such a deterioration in its share price? And should I be looking to load up on these cheap shares? Let’s explore.