Celine muttered.
“To be honest, Laine, you really manage to surprise me…”
Winston’s voice was heard.
“But I have an idea. How about we sign a VAM for one month? I can lock Sena’s share prices that our fund hold, and we won’t buy nor sell for one month”
“During this month, I’ll follow your plan, but if Sena’s share prices drop below 150 US Dollars, you’ll have to purchase them all at 300 US Dollars.”
Jasper’s brows raised slightly at Winston’s suggestion.
At the end of the day, Winston was a capitalist, so the last thing he would forget about was making money.
Even so, this suggestion was very advantageous to Jasper.
What Jasper lacked the most now was cash, as the money he had liquidated from the stock market had gone to support the daily operations of JW Capital. He had taken half his money out to deal with Sena’s crisis, so he was also slowly running out of money.
He would have had to borrow money from the Law family should Winston agree to sell the shares. However, with this proposal, it seemed like there would be no need to turn to the Law family after all.
This plan would firstly save Jasper money in the short term.
Secondly, Winston has also made the situation easier for Jasper to handle.
The plan implied that for the following month, Jasper would have the Benett Funds’ support, while Winston would also refrain from releasing any statements that were disadvantageous to Sena’s market position.
This was an extremely rare tranquilizer for investors that used Winston to steer and ease the worries of the masses.
If Winston did not sell his shares, then who could challenge him in claiming that the share was done for?
This was how reputable Winston was in the United States.
This had also dramatically increased Jasper’s odds of winning.
Winston had left an escape route for himself as well. Say that Jasper did not manage to control the share prices and Sena’s share price ended up crashing, then Jasper would be the one to compensate for any loss Winston had suffered. In fact, Winston was asking for more than just that.
Sena’s current share price was at 240 US Dollars, which was probably twice more than it should have been. If the prices fell below 150 US Dollars, then Jasper would have to buyback the shares at the astronomical price of 300 US Dollars each.
If Jasper lost this battle, he would most likely go bankrupt.
Celine looked hesitant at that moment, and she wanted to persuade Jasper to give it up.
There was just too much on the line.
Just as she was thinking about how she was going to talk to Jasper, she heard the man respond firmly, “Alright, I agree.”
…
Meanwhile, as Jasper and Winston had this international phone call, Zane was currently rendered speechless by everything he saw in a villa somewhere in Nauritus City.
It was a huge study, one that took up half the area of that floor.
This was nothing much considering Zane’s background; he himself had seen his fair share of luxuries and studios littered with the nude bodies of beautiful women.
However, what stunned Zane was the gigantic screen before his eyes, which was currently filled with data from the Nasdaq Exchange.
Conrad passed Zane a cigar and spoke with a crescent-eyed smile, “So, Mr. Lancaster, what do you think? Do you understand our plan?”
Zane pointed at the screen and spoke, “So you’re planning to attack Sena’s shares on the Nasdaq?”
Conrad and Mitch exchanged a look and chuckled, then he spoke, “That is exactly it.”
