Chapter 152: Two or Four Billion Pounds Evaporated in One Hour

Shen Jiannan's words made William secretly roll his eyes, he really didn't understand what fun there was in short selling of a listed company.

Of course, if he knew that a number of listed companies on the Hong Kong stock market were later sniped by Wall Street and the British, and that a company's market value could be evaporated by more than 90 percent in one hour, then he would probably have really felt fun.

However, Shen Jiannan is indeed not wrong about one thing, with hope, people will be more desperate, and when hope turns into despair, that despair will make people completely collapse.

"Six billion pounds. That's a lot of money, and right now, there is a huge risk at Citchell Industries, and this risk should not be taken by us. ”

"Although, according to the additional terms of the contract, we have the right to deal with the crisis as the first responsible person to solve the crisis. ”

"What do you think, Mr. Redmerlin?"

“......”

Bank of Bahrain.

With a call for help from Citchell Industries, CEO Sam Redmellin had to give notice to the board of directors that he was simply not going to be able to raise another billion pounds.

Contrary to the norm, however, the board members were not at all optimistic about the future of Citchell Industries, and instead asked Sam Redmelin to pay attention to the risks he faced.

The meaning of the board was already clear, and what Sam Redmellin, as president, could do.

Love sister-in-law, David!

"I understand. In accordance with the Bank's Risk Control Regulations, we have the right to liquidate part of the shares of the Cicell Industries Group in a manner that is in a crisis management manner. ”

"Good. It's good that you understand. ”

“.....”

As the calls from various countries hung up, Sam Redmellin glanced at Seth Bakken, who nodded, picked up the phone from the trading department and dialed out.

"Thomas. Now, selling 30 percent of Cicell Industries' shares at the market price will cause the stock price to fall? No, it's none of our business, and we need to control the risk as well. ”

“......”

"They'll say yes. ”

"Definitely!"

"Trust me, I have a very good relationship with Sam Raeling, and even I met my sister-in-law. '

“......”

Birmingham, Citchell Industrial Building.

David Cicell and several members of the board of directors sat in the conference room of the securities department, waiting hopefully for a reply from the Bank of Baring, and trying to reassure the chairman and other major shareholders.

But unfortunately, compared to Norman Lamont, who did not blush and beat in front of the camera, David Cicell's body movements and expressions betrayed his heart deeply.

There was an abnormal flush on his pale face, and there was a kind of trepidation in his brown eyes that anyone could see.

Everyone knows that he doesn't have any confidence in what he says.

What do banks do?

Banks in other places are present These people don't know, but the banks in England have always had a rule of survival, borrow an umbrella on a sunny day, collect an umbrella on a rainy day, the icing on the cake is okay, don't expect it to send charcoal in the snow, they don't kick you into hell It's already God forbid.

Old Cicechel knew his son better than anyone else, and when he saw David Citchell almost break down with fear, he sighed helplessly in his heart.

"David. It's all this time, can you tell me what's going on!"

"I don't know, I really don't know. As soon as the market opened in the morning, I sensed that something was wrong, and immediately called you, and arranged for the securities department to stabilize the stock price, but I didn't expect the market to collapse so quickly......"

"Don't you really know? Say it, maybe we'll have a chance. ”

"Really..... I don't really know. ”

“......”

Looking at his son's cowardly and frightened appearance, old Citchell's eyes showed a deep disappointment.

Although David Citchell did not admit anything, how could he not see that at this last moment, his son was still thinking about shirking responsibility instead of grasping all hope.

Probably feeling his father's disappointment, David Cicell almost broke down completely, and he collapsed on the ground like a child.

"Father. I'm sorry, I really didn't expect that. I just wanted to have a good relationship with the Bank of Bahrain, but I didn't expect it...... Will offend that Eastern bastard and demon, he must have done it. ”

"Orientals?"

An ominous premonition arose, and old Sealellten rose from his chair.

"That's that Shen Jiannan, yesterday I attended the opening banquet of Jiuding Bank with Sam Raelin...... I'm sorry, father, I really didn't mean to. ”

“......”

In an instant, old Cicell had high blood pressure, and he clutched his heart and fell on the table in pain.

Others may not know what Shen Jiannan did in England, but as a close friend of Norman Lamont, he knew what the devil from the East had done in Europe.

Bell Bell Bell –

A screeching phone rang suddenly.

As if he had grasped the last straw, a crying David Sealel got up from the ground and grabbed the phone.

The call was from the Bank of Bahrain and a good friend of David Cicell's, Sam Redmerin, who said in an apologetic tone: "Amourry." ”

Boom –

Like a thunderbolt exploding in his head, Sam Redmerlin's tone was low and full of sincere apologies, causing David Citchell to drop the phone to the ground with a shudder.

But fortunately, the quality of the telephone is very good, and it is connected to the telephone line for buffering, so it is not broken.

"David. I've done my best. ”

This is not true.

This must not be true.

As if self-hypnosis, David Citchell hurriedly grabbed the phone again.

"Sam, you're kidding me, aren't you? You're going to help me, aren't you? Woo-woo - Sam, you're going to help me. If you don't help me, Citchell will be finished. ”

"I'm really sorry, but that's what the board meant. We have to be accountable to our investors. You ......"

Probably knowing that what he was about to say was too cruel, Sam Redmelin couldn't say anything about the board's final decision, so he had to put it mildly.

"You have to be prepared. David, I'm really sorry. It's not something I can decide, though. ”

“......”

In the end, it was the president of the Cicell Industries, although Sam Redmellin did not say it explicitly, but David Citchell understood what he meant.

So, David Citchell completely collapsed.

"Bastard. You damn bastards, you damn bankers are all robbers. Do you know that I was all because of you yesterday, but now you are robbing while writing about Chelle is difficult, damn it, you go and die. Damn robbers, devils..... I curse these robbers all to hell......"

Bang –

Doodoooooo –

Listening to the beep on the phone, Sam Redmellin smiled wryly.

In some ways, they are indeed robbers of the bank, and at this time, if they were given a little more time, they might be able to survive this crisis, but now, if the bank wants to sell their shares to avoid risk, even God will not be able to save the current Citchell Industries.

Dog solicitation, my friend.

Buttoning up his suit, Sam Redmelin shouted, "Seth." How much damage did we recover?"

"Billion!"

Glancing at Sealel Industries, which had fallen to £1.26, Redmelin had to warn him.

'It's too slow, they owe us sixty pounds and I think the risk has to be kept as far as we can afford it. ”

"I understand. ”

“......”

Cicell Industries

1.23 Sell 100000

1.2 Sell 12222222

1.05 Sell 11111111

.......

As the majority shareholder of the Cicell Industries, the Sicchel family's stake was so terrifying that the price of the Cicell Industries fell to 0.35 in just 30 minutes as the Bank of Bahrain sold off the shares of Cicell Industries in the market regardless of the cost.

The major shareholders have all run away, who can take such a big plate.

At the end of the morning, a jaw-dropping number stood still on the board.

Citchel Industries, 0.278, -87.89%.