Life at the Top
Chapter 1130
Harbor Stock’s lunch break was over and the greatly anticipated afternoon market officially opened at 2:30 p.m.
However, a strange movement on Seatreasures Group’s share prices appeared once the afternoon market opened.
The share price that had been locked on the limit down this morning had begun to shift again.
Then, Seatreasures Group released an official statement.
The group, alongside several financial organizations, announced that they had signed a term sheet where Seatreasures Group’s chairman Mr. Alban Ball would pledge 24.13% of his shares in return for a total investment of 5 billion Somer Dollars from the financial organizations.
Seatreasures Group had a current market value of 40 billion. Ignoring the situation with premium shares, 24.13% was worth at least 9.7 billion. Yet, he had sold his shares for 5 billion dollars.
It was not a profitable trade no matter how one looked at it.
Despite this, there was no other option. At such a time, Seatreasures Group had no other choice but to accept reality.
After this statement was released, Seatreasures Group made another official announcement stating that these 5 billion Somer Dollars will all be used to recycle their company’s shares on Harbor Stocks.
order had managed to completely devour the millions of orders at
and retail investors sought out Jasper with widened
first to
organizations that followed Jasper into the market were angry and
wind of what was going to happen beforehand, or he had arrived at a deal with Alban. Otherwise,
that it mattered, since everyone still
a whopping 900 million profit from
this incident had ended with Jasper exiting the
today, and he was mocked as the wealthy businessman that lost the most
now. Or at least, it’s not touching the limit down anymore,” The shrewd and capable man reported to Alban, the latter looking haggard as he sat
much did we lose this time?”
“Including the shares you pledged at half-price today, we’ve lost around 7 billion as
“Bang!”
also that b*stard’s fault! Jasper took at least six to seven hundred million from
Update Chapter 1130 of Life at the Top
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