3097: C3097 A Letter of Approval Delivered to the Door

C3097 A Letter of Approval Delivered to the Door

"If they sell all 48 million shares and no one takes them, our share price will likely fall to the bottom." Beyoncé said.

"What's the bottom?"

"About 20!" Beyoncé replied.

From hundreds to 20!

Richard Miller almost died from anger!

If the share price really reaches 20, they won't be far from bankruptcy!

"Announce that we are going to buy back the stock and stabilize the confidence of the stock market!" Richard Miller said after pondering for a moment.

"Understood!" Beyoncé nodded and turned to leave.

But at this moment, Richard Miller stopped him once again.

"Wait!"

"Mr. Richard?"

"How much liquidity do we have left?" Richard Miller asked.

"About 3 billion more."

3 billion?

Richard Miller was momentarily at a loss for words.

The situation now is that there are 48 million shares in the outside world!

It would take more than five billion to buy them all back.

And now, they only had three billion in liquid funds!

A gap of over 2 billion!

Difficult!

It was rather hard to do!

Richard Miller's face immediately turned gloomy.

There were only two options in front of him right now.

Either borrow money from the bank.

Either let the share price drop!

However, regardless of which path it was, based on the current circumstances, it was very difficult to find the correct path.

The business community will target the BBC, as everyone knows.

Banks will surely reject borrowing on this ground.

And the second way, is the share price still down?

This road was just as difficult!

Once the share price falls crazily, will cause the market to panic.2

In panic, shareholders will want to cash out.

At that time, the stock price would be like a waterfall, plummeting down three thousand feet.

Even if they bought it back, they wouldn't be able to control it.

What should he do?

What should he do?

Richard Miller's mind quickly spun as one idea after another appeared in his mind!

However, they were all denied by him.

After thinking for a long time, he really did not have a suitable countermeasure.

"Phew ~" Richard Miller let out a long breath. He looked at Beyoncé and said, "Beyoncé, do you have any ideas?"

Method?

To be honest, it wasn't like there weren't any.

Beyoncé did have a solution.

Overall, the BBC does not have much liquid stock, just 48 million!

Moreover, some of these stocks were in the hands of securities companies, while the other portion were in the hands of ordinary retail investors.

It was hard to solve this crisis, and easy to solve it.

In Beyoncé's mind, they didn't need to take on 48 million shares from their owner.

All they had to do was take over the stocks released by the securities company.

As long as they are under pressure from these companies, retail investors will not lose confidence.

They wouldn't hand over their stock so easily.

Even when the stock price falls, they will try to take on the following, and even the BBC's stock won't fall much at all.

At the moment, the BBC was under a lot of pressure. It wasn't that big of a deal, but it wasn't that big of a deal.

It depends on how you look at it.

Of course, Beyoncé didn't want to say it out loud.

After all, she was someone who was planning on job-hopping, so there was no point in saying it out loud.

Besides, she was worried that she wouldn't be able to present Hagrid with a letter of vote, so wasn't that letter of vote coming now?

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