Read the latest novel Super Spender Chapter 345 – Unexpected Gains at Fox Wuxia . Novel Super Spender is always updated at Fox Wuxia . Dont forget to read the other novel updates. A list of novel collections Fox Wuxia is in the Novel List menu.
Chapter 345: Chapter 339 Unexpected Gains
Moreover, the banks of the Great Alliance Nation have already prepared a large sum of money. Though they didn’t say anything explicitly, most people understand their intentions, which is basically that the Great Alliance Nation is officially preparing for the worst-case scenario. However, as soon as the press conference by the Great Alliance Nation’s officials started, all the financiers in the world who knew about this started murmuring. Damn, this is too fierce.
Even the officials of the Great Alliance Nation can’t withstand this pressure. Although at present, LD’s stock and currency markets haven’t seen much fluctuation, underneath it all, the turbulent undercurrents are clearly felt by the officials of the Great Alliance Nation. This, however, has taken everyone by surprise.
But this feat was remembered by the financial world. Damn, have you ever seen such a badass?
The next day, Finn Lewis woke up around 9 am, and the first thing he learned was from Olivia Thatcher. MIH Investment Group had unloaded all of their shares in T company. Like the previous case with SG Investment Company, no one dared to take over the share of T company now, and almost all of them were snapped up by Olivia Thatcher.
Now, not only does Olivia have the original 33.63% shares of MIH Investment Group, but she also purchased about 15% of T Company’s shares from the stock market, in addition to the 2% T Company shares originally owned by Finn
Lewis. Now Finn Lewis holds 50.63% of T Company’s shares, and the shares of T Company circulating on the market have dropped to less than 20%.
“You’ve gathered 51%, haven’t you.” Truth be told… Finn Lewis was somewhat speechless. He didn’t expect that what started as merely a plan to purchase Activision Blizzard, had inadvertently led to a complete acquisition of T Company. Well, this was unexpected. On the bright side, T Company is also a games company, and the acquisition funds didn’t even have to come out of Finn’s own pocket.
“NaspersLimited had forcibly liquidated its position,” Olivia relayed another piece of news.
“Pull back now,” said Finn Lewis, shrugging. His goal had been accomplished, and the points spent on LD Foundation’s funds seemed to have ended by then.
As NaspersLimited was forced to liquidate, losing as high as 18.7 billion Federal coin, those short orders that appeared had almost entirely been canceled, or had been liquidated already. The large capital flow was fast in and fast out. Soon, everything was back to normal, in both the gold futures market and the stock market.
The same happened with the crude oil futures market. Olivia canceled all her short orders. But after learning that Finn’s capital had entirely disappeared, the people at SG Investment Fund were thrilled, starting to build their long positions at the price of 90 Federal coins. They thought, with Finn’s funds leaving the market, the prices in the crude oil futures market are bound to shoot back up.
Just like the surging gold futures market! However, SG Investment Company probably wouldn’t have guessed that even when they began building their long positions, which did make the crude oil futures market start to climb, and the price of crude oil went up to 94 Federal coins per barrel.
There were still a few large short orders that weren’t pulled. Among those included the banks’ short orders. Honestly, the banks were ready to cancel their short orders, but Finn’s words kept Matthew Chan and Clarence Johnson from forgetting. They grit their teeth, leaving the short orders open. After all, their short orders were made at the price level of 100 Federal coin, whereas the current price was just 94 Federal coin per barrel.
From the outside, even though the funds controlled by Finn Lewis had left, the impression he left on these financiers during those few days was extremely deep. It’s fair to say that it clearly demonstrated what capital power is. Or bluntly put… Damn, this is a simple and crude method of destroying you with money! Even though Finn Lewis didn’t care, entities such as Red Flower Bank, Rhine Kingdom Bank, and Reeve Silver immediately had professionals calculate Finn Lewis’ related costs.
And the final conclusion, despite making some money on the crude oil futures market, Finn Lewis inevitably faced huge losses due to the immense amount of money used. Especially considering the activities on the currency market, stock market, and gold futures market, by the time he exited, Finn Lewis estimated a loss of at least several billion Federal coins.
Once this was figured out, representatives from Reeve Silver, Red Flower Bank, and other banks were simply at a loss for words… Damn, this is a classic case of a zero-sum game. But you can’t blame Finn Lewis. How to put it… Damn, this is more violent than a hostile takeover! This is pure domination! Typically, NaspersLimited would never let go of their T company shares.
But Finn Lewis forced them to sell off all of their T Company shares. If they hadn’t sold, NaspersLimited would have likely gone bankrupt. So even though they had no choice but to sell, it was probably because they did sell that Finn
Lewis didn’t pursue further.
However, Finn Lewis’s actions revealed a lot of his secrets about this field. At least he has a very strong intuition in this financial field and keen observation. Although those frightening funds have retreated, both Reeve Silver and Red Flower Bank understand that these funds have merely been concealed.
Or maybe they have been split into countless small portions, then reinvested in the market. Every day, all kinds of futures markets around the world are making and losing money. Who knows who made how much? Who lost how much? People, foundations, and companies lose tens of billions or hundres of billions of Federal coins every day. Similarly, there are those who gain tens of billions or hundreds of billions of Federal coins daily.
Read latest Chapters at foxwuxia.com Only
Capital, it’s a game of flows.
However, precious few people know this information, the general public certainly don’t. Many affluent people also don’t know what happened in the futures market. Only those banks, and they must be powerful banks, might know a little. But even those banks that do know won’t spill.
Damn, if someone wants to play the mysterious card and you reveal their secrets, who knows what might happen? If you attract the attention of such a financial tycoon, then you might as well cry! If they start opposing your bank’s investments… you probably won’t even know how you died. Even these banks are terrified of such top-ranking financial predators.
In this world, it’s a basic game, where these top-ranking financial predators are at the very apex of the food chain. Even though these banks are powerful, if they continuously lose… these banks might not be able to survive.
Therefore, these banks wouldn’t dare to leak any news about Finn Lewis. However, a few truly top-tier individuals did find out..
Comment