In the last half hour, Tony used another 4% of the stocks in his hand, that is, 2 million shares, to suppress the situation. In the end, less than 1% of the stocks were not traded and returned to his account.
Unfortunately, the effect of the suppression was not very good. At the close of trading, the stock price of Anloni Leather Products stopped at 8.10, leaving a small upper lead.
On the contrary, both the turnover rate and trading volume hit new highs, with a turnover rate of 42.3%, ranking second among all stocks in the London stock market today, making it a big hit.
The stock price was not controlled below 8 yuan, which made Tony feel guilty. After the market closed, he talked with the experts for a while before going to the brokerage to handle the stock borrowing procedures.
When he got home in the evening, Tony summoned important members of the family for a meeting to discuss today's events.
Everyone argued for a long time, but no reasonable countermeasures were discussed. Tony had a splitting headache. Should he really do what the experts said this afternoon?
Currently, 23% of Tony's shares cannot be moved. Once used, the Masardino family's controlling interest in Anroni Leather Products will be lost.
What can be used is the 10% of the borrowed stocks. However, to be on the safe side, experts suggest that Tony should keep holding more than 25% of the shares, so that it will be safer.
After the market closed, an expert proposed a response strategy: starting tomorrow, we will still focus on suppressing the market and try to consume the funds of the bulls.
If he can't suppress it, then Tony must be prepared to grab chips, otherwise the Masardino family may not be able to keep its position as the largest shareholder of Anloni leather goods.
Tony was so angry that he wanted to curse, you asked me to sell the stock for eight yuan and then buy it back at a higher price. Do you think I am stupid?
However, what experts explained makes sense: First, what the Masardino family needs most is the controlling stake in Anroni Leather Goods. Even if they lose hundreds of millions of dollars, as long as they can keep the controlling stake, this is
Very worth it.
Secondly, selling at the price of 8 yuan is actually testing the financial strength of the bulls and whether they have a strong desire to raise the stock price.
Maybe, it can only be said that maybe, the bulls are not strong enough, and if they are just bluffing now, it is very likely that they will repulse the opponent's offensive and make a lot of money.
Experts make a lot of sense. Forced acquisitions are very common in the public market. It does not necessarily mean that active acquirers will have much advantage.
After many acquirers raise the stock price, due to insufficient financial strength, they are ultimately unable to hold on to the high level, resulting in heavy losses and often leaving the market sadly.
In fact, such acquirers are like money-givers. As long as the original shareholders have no big loopholes in their operations and have appropriate response strategies, they will have an advantage.
Tony saw that the family meeting could not solve the problem at all, so he adjourned the meeting. He called his younger brother Antonio, who was managing the auction house, and asked him to communicate with people in the bank in the next few days and ask how much loan he could get if he used the auction house as a mortgage.
.
Antonio was shocked and quickly wanted to persuade his brother to give up the idea, but Tony had already made up his mind.
He knew very well that if Androni Leather Goods collapsed, the Masardino family would lose its roots. In comparison, the auction house's current importance is far inferior.
Starting from Tuesday, September 15th, the remaining four trading days of the week became a kind of torture for Tony.
Most of the stocks he borrowed have been sold, and as a result, the bulls not only took over all the stocks, but also increased the stock's closing price by 0.1 yuan every day, which seemed to be an easy task.
By the end of the week, Tony only had 25% of the guaranteed stock left in his hands, and he had quite a lot of cash. The stocks sold, together with the family's reserve fund, totaled close to 100 million US dollars.
In fact, Tony had been mentally prepared two days ago, and something he didn't want to see happened still happened. The other party had prepared sufficient funds, and the next step was to increase the stock price, and then prepare to privately propose a premium acquisition.
There is no other way, Tony's last chips have been thrown away, and from next week he can only compete with the bulls for chips.
Speaking of which, in fact, Laursen did not continue to add positions this week. He often took the large orders placed by the other party and then quietly sold them in small quantities.
Although no money was made, it was not lost either, which instead boosted market confidence. Those who actually built positions were speculators wandering on the sidelines.
On Saturday, Fan Zheng came to add to the trouble again. This time he still criticized the artificially high stock price of Anroni Leather Goods. At the end of the report, he changed the subject and talked about a South American company's attempt to go public through Anroni Leather Goods' backdoor listing.
Europe.
Although Fan Zheng finally reminded him that this was just hearsay and not necessarily accurate, his statement made Tony angry to death.
Next week, Tony will backhand and go long to grab chips. You, Fan Zheng, are actually saying this now because you are afraid that I can buy low-priced chips.
But again, what Fan Zheng said was not wrong. Tony would definitely not be able to win a lawsuit against him.
Fan Zheng's only problem is that he spends money to find newspapers to publish reports. But this is to build publicity for the company and himself. Even if readers know about it, what will they do to him?
Tony had a torturous week, and was stabbed by Fan Zheng at the weekend. Don't even mention the uncomfortable feeling in his heart.
After finally waiting until Monday, when he was ready to make a big move, he was given a huge "surprise" as soon as the market opened.
The opening price of Anroni Leather Goods almost blinded everyone's eyes. The price of 9.28 was a full 9 points increase from last Friday's closing price of 8.51.
He actually jumped into the air?! Tony was so angry that he wanted to curse.
That's right, he put the blame on Fan Zheng. If Fan Zheng hadn't talked nonsense over the weekend, how could it have opened so much higher today? You know, the market is now a few lower than when it closed last week.
What a point.
However, 9.28 is too high. Tony himself did not think that Anloni leather goods could be worth so much. He decided to wait. Although he was ready to grab chips, if he opened a large-scale position at this price, he would
Afraid of being laughed at.
However, soon, Tony no longer had to think about this issue. The first transaction after the collective bidding raised the price to 9.38. Following several transactions, the price of 9.5 yuan was easily exceeded.
The experts around Tony were also dumbfounded. They quickly called their friends to ask if any favorable policies would be introduced over the weekend, but they were ignored.
By the time they put down the phone without finding anything, the stock price of Anroni Leather Goods had reached 9.9, which was a strong trend to hit the ten yuan mark.
Tony and the experts looked at each other, speechless for a moment. This was too unexpected, and the experts didn't know how to operate next.