As a number of leading companies in the industry unilaterally issued statements announcing the termination of their contracts with the Vera Group, it only took one morning, or should I say two hours, for the group's share price to fall from 45 pounds per share to 30 pounds, a drop of more than 30%, directly hitting the limit.
And this is just the beginning. According to the information obtained by the shareholder in the group, this time Longyao Group has prepared at least 30 billion pounds of funds to short the Vera Group. This is tantamount to a crushing level for the Vera Group, whose market value is less than 30 billion, and Blinken Richard, whose personal net worth is less than 4 billion.
Even if he was willing to sell all his assets, it would still not be enough to support him in competing with Longyao Group.
What made him feel even more desperate was that shortly after Xu Fei and Xu Yan joined forces with a number of companies from Magnesium and Europe to attack the Vera Group, calls came in from the credit departments of major banks.
Some asked them to repay the loan in advance, while others asked them to increase collateral. In short, it was a perfect demonstration of the trend of "when the wall falls, everyone pushes it down".
As a member of the Parrot Kingdom royal family, Richard Blinken naturally could not just sit there and wait for death. As the group's stock hit the limit, he picked up his phone again and started calling people who had a good relationship with him. His only purpose was to borrow money.
He must raise enough funds before the stock market opens tomorrow, otherwise what awaits him and the Vera Group will be a nightmare from which they will never be able to wake up.
It’s just that ideals are full, but reality is very skinny.
After Richard Blinken made a series of phone calls full of hope, his heart sank completely.
It was simple, it was just that those people he considered his good friends, without exception, all hung up the phone in a hurry after hearing that he wanted to borrow money, and they were not even willing to give an excuse that didn't sound that reliable.
It was not until this time that he began to thoroughly reflect on his past actions. His arrogant, domineering and overbearing character had offended countless people. And how many people were now holding their glasses, waiting for the stock market to open tomorrow to see him and the Vera Group make a fool of themselves.
"Sir!" The old butler who had been with him all the time suddenly called out to him.
"What's wrong?" Blinken Richard asked in a hoarse voice.
"I know some things are not my business, but I think sometimes, making appropriate concessions is not a shameful thing!" The old butler said slowly after considering it for a while.
"Hall, just say whatever you want to say. I'm not in the mood to play these word games with you!" Blinken Richard said impatiently.
"What I mean is, considering the financial resources and global influence of Longyao Group, the share price of Vera Group should not have fallen by only 30%. So I think that their main purpose in doing this is most likely the island in your hands. Moreover, the 700 million pounds they offered last night is far beyond the actual value of the island. Although I don't know why you didn't agree to sell it, I think that as a qualified businessman, the first thing you should consider is maximizing profits, and you should never be influenced by greed!" said the old butler Hall earnestly.
After hearing what Hall said, Blinken Richard suddenly stood up and asked angrily, "Are you saying I'm greedy?"
The old butler's expression remained unchanged despite the coldness in his tone. Instead, he simply looked into his eyes, nodded, and said, "Yes!"
"What qualifications do you have to say that to me? You are just the steward of our Richard family. Please remember your identity!"
"I am indeed the butler of the Richard family, and I have served three generations of family heads! But it is undeniable that you are the worst among the three family heads, bar none!"
"you……"
"Sir, your father personally handed the Vera Group to you. Do you really want to watch it be destroyed? Even if the group is not destroyed, is the Vera Group, which has changed its name after the change of ownership, still the original Vera Group?"
"You don't understand, you don't understand anything at all. I do this to protect the dignity of my family!"
"Oh, defending the dignity of the family? I watched you grow up, and I know exactly what you're thinking. As I said just now, your greed is the root cause of the crisis that has plunged the Vera Group and even the Richard family into. How long will you continue to make mistakes? Do you really think that with your current strength, you are qualified to compete with the Longyao Group? You can do nothing but drag the entire family into the abyss!"
The old butler Hall was obviously really angry, but there was no turning back. Even if he would be fired tomorrow, he still had to say some things.
I remember that before old Richard passed away, he called Hall to his side and told him to take good care of Blinken.
In the words of old Richard, Blinken is not the best candidate to inherit the family, but there is no way. He has no other choice except this son. The remaining children are either too young or worse than Blinken.
So the tallest of the short ones had no choice but to hand over the Vera Group and the entire family to Blinken.
Old Richard hoped that Hall would be able to stand up and scold Blinken in time when he made mistakes in the future. In order to prevent him from being punished, Old Richard also specially prepared a letter written by himself and sealed it with wax. Since the death of Old Richard, the old butler Hall has always carried this letter with him and has never opened it.
Although Blinken has managed the entire Vera Group in a mess over the years and offended many people, he has not made any unforgivable mistakes.
But this time things are different. If he continues like this, the entire Richard family will be destroyed in his hands.
It was for this reason that the old butler Hall said those words before and was ready to open the letter left to him by old Mr. Richard.
In fact, as Hall, who looked at Blinken's integrity, knew this prodigal son of the Richard family too well.
Last night, Xu Fei and Xu Yan came to the manor and offered 700 million pounds to buy the island in the Virgin Islands. It was obvious that the offer was very sincere, but even so, the money-loving Blinken directly refused. Hall, who was standing aside at the time, noticed something was wrong, but because there were outsiders around, he did not speak out to remind them.
But later, when Xu Fei and Xu Yan left, he saw the smug smile on Blinken's lips, and he had a guess in his mind. And when he returned to his room and lay on the bed, after thinking about it carefully, he was sure of what he was thinking.
Simply put, greed is the original sin.
Library Category Author Full Book Ranking
Home Page Click List Recommended List Collection List Temporary Bookshelf
PC Version All Novels Latest Updates Site Map Member Bookshelf
Continue read on readnovelmtl.com
