Laursen looked at Sun Dahai and David, and in their encouraging eyes, he made his own conclusion. "I predict that the stock price of Bank of Gallia will continue to rise, but according to the current situation, it will
If there is an increase of 10% to 15%, it will basically reach the top.
Both parties have been unable to continue, and the decline has already appeared. It depends on who can grit their teeth and persevere until the end. In other words, the final result of this acquisition and counter-acquisition case will soon appear.
I checked the shareholding situation of shareholders of Bank of Gallia. Due to the large size of the bank, Bank of Gallia's equity is very dispersed, and the largest shareholder only holds 20% of the shares on the surface.
Moreover, many of the shares of Bank of Gallia are restricted and cannot or are difficult to directly enter the open market for circulation.
For example, Bank of Gaul and its strategic partners hold shares in each other. The shares of Bank of Gaul held by Skoll Bank are of this nature.
Therefore, when the dealer uses the method of raising the stock price at this time, although it can quickly absorb the floating chips, it also increases the cost and difficulty for the opponent to absorb funds.
But strictly speaking, this is actually a lose-lose approach that can even lead to a loss of both sides.
The loser will clean up and leave, and almost all of the early investment will be accounted for in the stock. The winner will not have it easy. They will use the funds left by the loser to slowly stabilize the stock price and appease the investors.
Such a big thing as the Bank of Gaul has been artificially and forcibly raised to this level. How could it be possible without paying a huge price!"
"Pah, pah, pah!"
Sun Dahai and David both applauded Laursen for his wonderful analysis.
Laursen only operated Sun Dahai's personal account (anonymous account) and absorbed 2.99% of the shares of Bank of Gaul, and was not aware of the White Knight plan.
As for the cause and purpose of the White Knight Plan formulated by the Bank of Gaul, it was a top secret between the Bank of Gaul and the Leon Group in Guiyang, and he was even less clear about it.
But Laursen was able to analyze the real situation to this extent just by using the stock price trend of Bank of Gaul and some public information, which is admirable.
If Sun Dahai hadn't been sitting aside, David would have even thought of poaching people directly.
…
Just as they were analyzing the future development situation, Leon Group's top executives were also holding an emergency secret meeting.
There were only a dozen people sitting in the huge conference room. In addition to all the directors of the board of directors, there were only a few real powerful figures in the group and the manager of the securities department who was responsible for specific operations.
All the giants of the group were present, and the level of this meeting was quite high. After listening to the report from the head of the securities department, everyone fell into deep thought.
"Everyone, let's talk." Samuel, the chairman and president, spoke.
Samuel will be 70 years old this year. He has long publicly announced that he will officially retire after his 70th birthday in October this year.
Who knew that he would encounter such a thing before he retired? It was really disturbing.
Laursen's guess was correct. At this time, the Leon Group was going to fight to the death with the Red Mining Group.
Both parties have invested more than 10 billion U.S. dollars in the stocks of Bank of Gaul. They are already at the end of their strength, and it depends on who can no longer hold on.
At this time, the Leon Group's public holdings in Bank of Gaul reached 27.5%, and the Red Mining Group's holdings were approximately between 23% and 26%, which is not a big difference.
Now the two sides are riding a tiger, and whoever bets will die. They can only hold on. However, there are almost no floating chips in the market. Even if the stock price continues to rise, as long as the other party still follows up, the chips that both parties can get are at most each.
2% to 3%, no more.
At this point in the game, both sides have guessed that the other side doesn't have any big killer moves, but their own side is equally unsustainable.
Leon Group has mobilized a large amount of liquidity and has also pledged many high-quality projects in its hands to banks. Otherwise, it would not be so easy to raise billions of dollars in cash.
Even Sun Dahai's Skoll Bank provided them with a low-interest loan of US$300 million.
This has actually seriously affected the operations of Leon Group's journey. As time goes by, the group's losses will increase exponentially until the group cannot bear it.
"According to the group's requirements, I have deliberately defaulted on several payables, and I have applied for extension of three bank loans. From a financial point of view, it can be delayed for up to one month, and then banks and creditors will come to visit.
” said the group’s financial director.
Everyone knows the characteristics of banks and red-topped white companies. Once they are made to think that the company is unable to repay its debts, a series of chain reactions will occur.
“Due to excessive withdrawals of working capital, the progress of many projects is now slowing down. I don’t need to say more about the harm this situation brings to the group, right?
Since the financial department can persist for a month, I will also guarantee to persist for a month, and I hope that the securities department can give us a good return by then."
This is the group vice president responsible for production and transportation operations.
"Don't look at me, it's almost impossible to open new normal sales channels during this time."
The marketing and sales director spread his hands in shame, "Everyone knows that we are currently being strongly blocked in the stock market. Those customers who have signed sales agreements are eager to take advantage of the situation, let alone develop new customers.
.We won’t prepare to sell below cost price, right?”
Everyone turned their attention to the manager of the securities department.
In fact, the manager of the securities department is not even the top person of Leon Group. This is the first time for him to participate in such a high-level internal meeting, and he feels very nervous without realizing it.
At this time, everyone looked at him, and he suddenly panicked: "The securities department has less than 2.4 billion U.S. dollars in its account, of which 1 billion U.S. dollars is the company's total reserves. This money cannot be touched until the end."
of.
With the remaining 1.4 billion US dollars, we plan to raise the stock price one last time. If we can get rid of the other party, it is the best result, and the other party's funds have also bottomed out.
If we still cannot get rid of the other party, we will at least forcibly collect more than 2% of the shares, so that we directly hold more than 29.5% of the shares of Bank of Gaul."
"29.5%? Is there any explanation here?" A director of the group suddenly interjected and asked.
"This..." The manager of the securities department was immediately stuck. He looked at Richard, the assistant to the president, for help.
Samuel and his assistant Richard looked at each other, and Samuel nodded to him, and then said to everyone: "There is something that it's time to decrypt. Let Richard tell everyone.
"
Richard was the contact person who went to Xiangjiang to find Sun Dahai after the stock market crash, and then exchanged the land in Shi'ao for Sun Dahai to become the white knight of the Bank of Gaul.
After getting Samuel's permission, Richard made a quick introduction and told everyone the whole story of the White Knight Plan.