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.
With that, the humongous purchase order had managed to completely devour the millions of orders at the limit down.
At that moment, both organizations and retail investors sought out Jasper with widened eyes.
Despite this, Jasper, the first to attack this morning, had completely vanished.
The organizations that followed Jasper into the market were angry and exasperated once they realized that Jasper had left.
Jasper had either gotten wind of what was going to happen beforehand, or he had arrived at a deal with Alban. Otherwise, there was no way Jasper would leave in the afternoon after earning such a huge amount that morning.
Not that it mattered, since everyone still made money in the end.
Among them, Jasper had managed to earn a whopping 900 million profit from Seatreasures Group. He had made a huge profit.
In any case, this incident had ended with Jasper exiting the market.
Alban had lost almost 7 billion today, and he was mocked as the wealthy businessman that lost the most money around the world today.
“Mr. Ball, the share price has stabilized for 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 in his office.
“How much did we lose this time?” Alban asked darkly.
The other man hesitated before he replied softly, “Including the shares you pledged at half-price today, we’ve lost around 7 billion as of now.”
“Bang!”
Alban slammed his palm on the table and roared indignantly, “It’s also that b*stard’s fault! Jasper took at least six to seven hundred million from me!”
The other man replied despondently, “The government’s statement had come too coincidentally and out of the blue. We did not have any time to prepare at all. There’s nothing we could do but endure it when Jasper and the other organizations took this opportunity to take a huge sum of money from us.”
“But Mr. Ball, do we continue with the plan involving Haddock’s Chamber of Commerce’s Waterhoof City branch?”
Alban harrumphed and replied, “Of course. Why should we stop?
“We’ve already lost so much, so how can we let Gale that old man continue living comfortably? Get to it right now. I’d like to see the look on that old man’s face once I get rid of Haddock Chamber of Commerce’s power in Waterhoof City.”
At the same time, Jasper had already split the profits with Henry.
“It’s such a great feeling.”
Henry grinned so wide that his lips reached the back of his head as he looked at the money in his account.
Jasper had immediately liquidated all his positions once the afternoon market opened. Thanks to the last burst of funds, the 5 million Henry had invested, which was more like a little more than 4 million, had returned to his bank account as 10 million.
