Darkstone Code-Chapter 733 - 0731 Highly Anticipated
The Gafura stock listing uses a very special method. Before the market opens, the company must submit the issue price and quantity of shares to the financial monitoring office.
These issued shares will be sold to the entire market at the listing price as the primary direction from the company. This price cannot change until all the shares are sold out.
Therefore, most companies do not set the stock issue price too high; they typically undervalue it to quickly let the market fluctuate freely.
Moreover, listing at a low price can attract more investors, at least since it’s not very high, people are willing to buy a little to try.
Whether the stock will rise after being sold depends on the speed of sales. If it sells out right after listing, there will be more people frantically purchasing, and the price naturally climbs.
If it doesn’t sell out, then the fluctuation is very small or might even decline.
This also leads to another phenomenon, where once a company officially lists, they sign some financial agreements inviting people or organizations to buy their stock.
If the valuation upon agreement expiration meets the price indicated in the agreement, these stocks are released to the market. If not, the issuing company retracts them to re-release into the market.
The advantage of this approach is it can easily hype up some stock prices. For the market, the issuing company’s willingness to sign such agreements signals their confidence, exciting ordinary investors.
This constitutes a very special and independent ecosystem. If placed in the Federation, relevant agencies would have been involved for allegedly illegal market manipulation.
But here in Gafura, a monarchic country, social structures differ greatly from those in the Federation, making such actions normal operations.
When Lynch proposed bringing a billion into the scene, Richard’s eyes turned red!
His high blood pressure flared up again!
He licked his lips, picked up a bottle of wine on the table, poured himself a glass, and took a big gulp. 𝑓𝑟ℯ𝘦𝓌𝘦𝘣𝑛𝑜𝓋𝑒𝓁.𝑐ℴ𝓂
With a billion in support, tomorrow’s stocks will soar, and his personal wealth will multiply.
"Boss...", Richard looked at Lynch, "Thank you!"
"I don’t know how to express it; you’re supporting me even when my parents wouldn’t. You’ve achieved what they couldn’t. I must thank you!"
"You showed me views from atop mountains, helped me understand the true meaning of life. I can’t express my gratitude with just ’thank you’!"
Richard’s words were exaggerated; Lynch just smiled at him, neither of them taking it seriously.
He patted Richard’s arm, "We’ve come so far together. Others might not help you, but I certainly will..."
If stopping this game from being exposed is impossible, then seize the opportunity to make a fortune.
High-interest fundraising is terrifying as it requires no physical or virtual business costs. Even in the mid-stage, a company’s market value can achieve hundredfold growth.
This also means that once a company discloses its financial reports, it will inevitably incite market frenzy.
Any company, no matter what it does, if its scale expands monthly by multiples, investors will eagerly invest despite seeing the risks.
Those who see clearly are gambling, betting they can make enough money before everything collapses and leave safely.
Ordinary investors are also gambling, betting the company won’t encounter any problems after they buy stocks.
Lynch wants to push it further, making Richard more reckless.
Richard planning Yuanrong Capital’s public listing actually represents his vigorous attempt to free himself from Lynch’s control—this is not a good sign.
This also means Richard poses some danger to Lynch, making him decide to resolve this trouble once and for all.
He looked into Richard’s eyes full of joy, finding no hint of malice as if the thought had never existed.
"Boss, will you come tomorrow?", Richard breathed a bit faster, inviting Lynch to celebrate on-site.
Lynch shook his head, "It’s not appropriate for me to go. You know I carry many tags. Previously, my interaction with Gafura’s officials wasn’t exactly pleasant, it’d bring more unwanted attention."
"But I support you. As I said, my money will go directly into the scene!"
Richard was a bit disappointed, but only slightly. If Lynch and Jenia would come to back him, tomorrow would undoubtedly be a mad day.
Unfortunately, Lynch didn’t agree.
They chatted briefly and parted ways; there’s important business tomorrow, everyone needs a good rest.
After Lynch left, others gathered around, and someone asked, "What’s Lynch here for?"
They no longer referred to Lynch as "Mr. Lynch", showing neither necessary respect, implying some dissatisfaction and malicious speculation towards him.
The excitement on Richard’s face quickly cooled. He dismissed the girls in the room and poured himself another drink.
He played with the glass, the sound of ice cubes hitting against the glass quickly being masked by the music in the speakers. He looked at those around him and shook his head, "He just saw the profits."
"I know Lynch well; like a vulture, he’ll fly in if there are benefits to be gained."
"Tomorrow, our stocks are destined for success, with or without him, it won’t change much. But we still have to guard against him."
Richard pondered briefly, "Find some reliable people to keep an eye on Lynch, ensuring he’s only here for the money..."
The next day at 9 AM, outside the Gafura Empire Royal Exchange hall, numerous elite gathered. Today is Yuanrong Capital’s listing day.
Richard stood amidst the crowd, shaking hands and conversing with different people, showing an evident smile on his face, very excited.
Not far away, the nobles also wore reserved smiles; they too being protagonists in this feast.
Yuanrong Capital had undergone two real "fundraisings" before listing, expanding its equity. The entry of nobles is complete, having helped Richard solve many problems. Now it’s time for them to harvest the fruits of victory.
"Mr. Richard, what do you think the closing price of Yuanrong Capital will be today?", a reporter shouted.
Richard had answered this question multiple times, each time with pride.
"Miss, I have a feeling we’ll create miracles today!", he didn’t directly answer, instead using a relatively exaggerated statement.
Yuanrong Capital’s offering price was only two and a half dollars; this price wasn’t high, but not particularly low either.
After discussions last night, they believed today’s stock might break ten dollars.
A fourfold expansion means everyone on their team’s wealth would inflate at least four times, at minimum.
In a week, Richard’s personal assets might exceed fifty million!
This was a world he never imagined, a world with only money!
At this moment, he’s no longer in a hurry to leave. The stock market’s dividends are enough to maintain the Yuanrong Gold Certificate and entice more people to throw money in.
This time, he either stays for good.
If he leaves, it will definitely be with astonishing wealth!
At 9:25, sunlight shone through the gaps between the buildings onto him as Richard basked, seeing admiration in the eyes around him, lifting his spirit.
This is the feeling!
He took a deep breath, yes, this indescribable feeling, the entire world revolving around him!
"Do you know him?"
In front of the TV, Jenia lounged carelessly on the couch, a stance she never assumed before visiting the Federation. In her education, royal members shouldn’t make such postures.
Even ordinary citizens of Gafura wouldn’t do so; the nobility always being their role model. Though their lives don’t reach the lowest noble level, they sit properly on chairs or couches, rather than lying.
Uncultured, people often comment.
But after going to the Federation, all kinds of couches designed for comfort opened a New World door for Jenia.
Some sofas are specifically designed for lying down; they even have racks for junk food and drinks!
Just lying on the couch, controlling TV via remote without needing to get up—such a feeling was fantastic.
Gradually, she also came to enjoy lying on the couch watching TV.
Good habits are hard, requiring strong self-control, but bad ones are easy; just let your thoughts slide downhill slightly.
Lynch nodded, "I know him, more like a friend."
He stated simply, so Jenia didn’t further inquire, casually mentioning Yuanrong Capital.
"I know this, and bought some. Its revenue model is interesting. Do you think there’s a problem here?"
She leaned forward, head resting on Lynch’s leg, as he said with a semi-smile, "I don’t quite understand it. But since your oversight agencies deem it problem-free, it likely is!"
Jenia looked at Lynch thoughtfully, feeling things weren’t that simple.
Yet Lynch’s words were correct; the entire Empire saw no issue, indicating it truly held no major problems.
It’s unlikely for the intelligence of an entire country to be lesser than Lynch alone, right?
Time unknowingly edged to half-past nine.
The Royal Exchange doors opened...
