The three governors under the command of the Moon Boy played a set of combination punches to push the copper futures market price to a new peak.

Ou Tuanchang, Xiaodao Sharp, and Tang Shenshen all agreed and threw out a buyer's order of 60 million contracts.

After the three punches, the price of copper stabilized at $32 a pound.

Then the London Stock Exchange closes, and the closing price is set above the last seller order of $32 a pound.

That's a terrible price!

Extreme horror!

If a contract sells a put option on the basis of $2.5 a pound of standard industrial copper, then the loss of this contract, just a contract loss, is more than $700,000.

For those who are more familiar with this market, a relatively clear accounting process and results are clearly placed in front of them.

Before the market was volatile, the price of a put option contract was relatively high at $1 per list.

The agreed price at the time was $2.5 a pound.

The closing price is now $32 per pound.

The difference between the current price and the agreed price is $29.5.

This $29.5 is the gross loss per pound of industrial copper that the seller at that time now has for a contract.

However, at the beginning of the contract, a $1 per pound selling price was received, which could offset the loss.

After offsetting, the seller's net loss per pound was $28.5.

The standard for each contract is 25,000 pounds.

The total loss of a contract is the product of the loss per pound per unit and the total number of pounds.

That's $712,500.

Just one contract!

This loss account, for the winners, is a number, although it has not yet been cashed out, but it is already their wealth.

However, for those who sold the contract, it was real money and had to pay for it!

Therefore, after the market closed, although everyone took the opportunity to take a breath, all the parties involved entered the two heavens of ice and fire where some people were happy and some were worried.

There is no doubt that Qiao Zhi and his gang are so happy that they can't sleep.

And those who have sold the seller's options and are in a hurry to close the position but can't close it are all sad and sleeping.

For example, Brother Copper, Brother Copper.

For example, Grandhouse.

For example, the Morgan consortium.

For example, the Mitsubishi Foundation.

The most uncomfortable is the Mitsubishi Foundation.

Their 2000000 contract, like a giant log, stuck in their throats.

And a series of their responsible persons all committed suicide by jumping off the building, and the extent of the chaos has nothing to do with them.

But the replacement has to endure suffering.

The new president is Osamu Mashiko, but in fact, he is not a newcomer to the Mitsubishi Foundation, but an old man.

Because at the same time as the self-appointed president, Osamu Mashiko is the chairman of the Mitsubishi Foundation, and he is also the chief executive officer.

And the president, Tetsuro Murogawa, is the second-in-command of the consortium.

However, when it comes to responsibility, it is indeed Aikawa's responsibility, because this futures trading is his daily work scope, and he does not need to report to the chairman at all.

And since Mashiko Shu is the chairman, his CEO is basically nothing.

Otherwise, there is a mixture of decision-making and executive bodies.

The hapless Tetsuro Aikawa committed suicide, and in this special period of turmoil, since Mashiko Shu did not die, he really did not take responsibility for that desperate mistake, and he had to go into battle shirtless.

At this time, it is not the time to talk about internal potential and internal management, but the time of life and death.

Let's survive first!

As a result, the 30 owners of the Mitsubishi Foundation, through their permanent organization, the Mitsubishi Kinyokai Association, formed a resolution authorizing Osamu Mashiko to exercise full authority to implement crisis management and help the Mitsubishi Foundation through the crisis in any way possible.

How big is this crisis?

After the closure of London, they already had an exact number.

That's a loss of $1,475 billion!

The total assets of the Mitsubishi consortium are only this number!

Before this number came out, everyone just thought it was not good.

It's just that I think it's understandable that the three people on that line committed suicide and apologize, and it's a pity.

As soon as this number came out, knowing that these three people were wrong and completely ruined all the family resources of the largest consortium in the Dongying Island Country, the mood changed completely.

These three men are simply the most heinous sins, and death is not enough to atone for their sins!

However, the association of the three people passed by in a flash, and now the focus is on where to go from here, Mitsubishi, a behemoth!

Sit back and let it go, there is only one way, go bankrupt and pay off debts, and be completely defeated!

Because now this loss figure is equal to Mitsubishi's total assets.

However, total assets cannot be used to fully cover losses.

Because on the balance sheet, there are also the company's own liabilities.

The real solvency is the net assets after the total assets are subtracted from the responsibility.

According to the Mitsubishi consortium's existing financial reports, this net worth is only one-tenth of this loss.

In this way, it can only go bankrupt and pay off debts.

Once a company goes bankrupt and pays off its debts, its value will shrink rapidly, and it would be good to maintain one-tenth of its original value.

When all the relevant personnel of the Mitsubishi Consortium learned of this cold fact, they were all in the dark!

This is still the person with the most objective mentality, so that it can stop here and not continue to sink.

More people even have the emotion of having no love.

At this time, Mashiko Xiu, a person who had high hopes from everyone, showed that he was different.

He's just a dark eye.

At this time, he kept a clear head.

As long as there is a way out, we will never give up, and we will never give up on ourselves!

For a moment, he longed for an invincible warrior in his hands and trampled the world under his feet!

Especially those guys who have mastered the options, let them obediently hand over the options.

However, since he was awake, the daydream did not continue.

Aim for reality!

The reality is to pay back debts!

At this time, he even came up with a choice of a few days!

In addition to bankruptcy and paying off debts, which is the stupidest method, he also believes that there are two ways.

The first is to borrow money to pay off debts.

This is ideal, but the creditors are other consortia, such as Mitsui and Miwa.

However, they are competitors.

At this time, they are not as fierce as those enemies.

He could imagine that as soon as he opened his mouth, Mitsubishi would be eaten immediately, leaving no bones and slag behind.

Another way is to find the person who owns the put option and make an agreement with him to use Mitsubishi's ownership to pay off the nearly $1.5 trillion loss.

As for what agreement can be reached, it depends on the outcome of the negotiations!

This is at least a way to live, and a way to operate.

Mashiko Xiu acted immediately, on the one hand, he expressed his intention to the Wuliang Consortium and sent it directly to Qiao Zhi, saying that he would use 85% of the ownership of the Mitsubishi Consortium to repay the short position of the options and settle their 20 million contract.

On the other hand, it was reported to the Mitsubishi Kim Yao Association and asked for their full support.

Otherwise, when they refuse, it is also time for him to resign.

I don't know how this matter stabbed the media, and it became a hot topic in the news in an instant!

The whole world knows one thing, this futures war, the first major consequence appeared!

The Mitsubishi Foundation disarmed and surrendered!.

(To be continued.) )