Chapter 128: Capital Profit-seeking

Fifty dollars is their bottom line.

But.

At this moment, the stock price was about to fall below $40, and Peter couldn't sit still......

……

"Huh?"

Tang Bao suddenly made a voice in surprise, as if he had discovered something strange.

"Boss, someone is eating BP oil shares in large quantities!" Grafton shouted.

"Hmm."

Tang Bao snorted.

He has already noticed that the falling stock price, when it fell to $41.56, suddenly stopped, and instead had a tendency to rebound.

Next.

The stock price of BP oil company in the United Kingdom has been caught in a long tug-of-war, with ups and downs, and has remained between $41 and $42 back and forth.

"Boss, do you want to throw out a big order to break this deadlock?" Seeing that the market is about to close, and the share price of BP Oil Company in the United Kingdom is still stubbornly stuck at $41, Yang Yang is a little unhappy, according to the previous trend, the stock price should be able to be suppressed below $40.

"Oh, there's no hurry. There should be more than one large institution that sells short, and we don't need to take the lead! Even in such a chaotic situation, Tang Bao remained cautious.

Soon.

The exchange is closed.

Shares of BP Oil plunged 13.53% to $41.09.

……

Then.

Peter sat in his office, angrily grabbing the folder on the desk, slamming it to the ground, and then clutching his head in pain.

on this.

Alt wasn't surprised, he knew that Peter's temper wasn't very good, and he would throw things to vent when things didn't go well at work.

It's been a long time.

Ayrt felt that Peter should be almost calm, so he spoke, "Peter." I think it's best to call Rust and other major shareholders at this time to explain and get their understanding and support. There is a clear gap between BP's share price and shareholders' expectations, and I am worried that they will lose patience......"

Hear the words.

Peter smiled helplessly, he also understood that the moment when the shareholders lost their patience was also the moment when he got out of class......

Therefore.

Nothing is more important to him now than to gain the trust and support of his shareholders.

Then.

The phone on his desk rang suddenly, and Peter adjusted his mood a little and picked it up. Calmly said, "What's the matter?" ”

"What's the matter? Peter, you still have the face to ask me what's the matter? Looking at the share price of BP oil in the UK, don't you think you should give me an explanation? ”

"Ah...... Sorry, Mr. Charlie, I didn't know it was you. Allow me to explain in detail about the collapse of the company's stock price...... "Peter heard a roar on the phone, and his mind suddenly cleared up, and it was not an internal employee who called him. Rather, one of the shareholders of the British BP oil company, Charlie. Charlie has always been very supportive of him, and Peter dare not and cannot offend him. So he quickly apologized, and then began to explain.

It took a lot of talk. Before Charlie was calmed down, Peter finally breathed a sigh of relief and put down the phone easily.

But it didn't take long.

The phone rang again, no doubt from a shareholder who was asking about the company's share price......

……

Call.

Peter spat hard. Leaning back in the boss's chair, he closed his eyes slightly in exhaustion. I secretly sigh that these shareholders are really difficult to deal with.

"Peter, is half a month too hasty?" Alt frowned. Said.

"Alas...... I know, but I have to make that promise, or they might lose their patience. Peter said helplessly.

"But ......"

Ayrt wanted to say something, but looked at Peter, who was exhausted, and couldn't bear to say it. But I secretly said in my heart, but what do you rely on to get the stock price of BP back on track. Today, there are not a few institutions involved in short selling, but a group, and there may be a certain capital predator hidden in the middle, which is no longer something that BP oil can compete with alone.

Capital is profit-seeking.

Investors know that short selling BP shares is profitable, so they will not be soft-hearted, so they will not care about the life or death of BP oil.

"What are you going to do. Today, we have spent more than $130 million. The company has less than half a billion dollars left...... If we can't turn the situation around in a short time, sooner or later the funds will run out, and then the company's stock price will be out of our control. Ayrt reminded.

"yes, I understand." Peter nodded and said.

Let's be honest.

Peter already had something in mind to cope. "Hmm. As for the issue of funds, I will discuss with Don and try to get him to pay us the remaining $1.5 billion as soon as possible. In addition, Ayrte, you can contact the major banks to see if you can raise some short-term loans. ”

"It's difficult. Taking a step back, even if you can get a short-term loan, it can be very costly! Ayrt shook his head and said.

Now.

The British BP oil company is in turmoil, which bank dares to take a risk.

……

"Hey, Horst, I'm looking for Tang ......" Peter was anxious to get enough money to support the city, and the most likely thing was Tang Bao's unpaid $1.5 billion. Originally, he thought that the payment in two months was already very fast, but he did not expect such a crisis.

Now, he is waiting for life-saving money, two months is simply too long for him.

"Huh? What the? Don is on a trip? When is the thing and can you reach him? When will he come back? Peter's mouth was like a cannon, and he asked several questions one after another.

"Good. Please let me know when Don returns. Peter hung up, his face grim. The savior he was counting on, Tang Bao, actually went out on a trip.

That's bad news!

"Peter, did you have an accident?" Ayrt asked with concern, no way, the $1.5 billion in Tang Bao's hand was too important to them.

"Whew...... Don is out on a trip! No one could reach him. Peter said heavily. If he was simply traveling, he didn't need to worry, but he was worried that it was just an excuse for the other party to perfunctory him. Don, after all, is also an investor. Will he continue to invest his money in the poorly performing British BP oil company, which Peter never considered before he called.

But.

Hearing that Tang Bao went out to "travel" at this time, he couldn't help but think about it.

……

Then.

Peter called Adelson and several other investors who had agreed to take over the shares of BP Oil Company in the United Kingdom, but the results were not very bad, and Edson and others agreed very happily to buy BP shares at the right time.

But.

Peter was not overjoyed either, and the "right timing" meant that he might not intervene prematurely as he had hoped.

on this.

Peter was frustrated. There is no way, capital is profit-seeking, and no one is a fool who intervenes in a hurry knowing that the stock price of BP Oil in the UK will fall.

……

Days on end.

The share price of BP oil company in the United Kingdom has been violently volatile and continues to fall. And in just a few days, it fell to thirty-seven dollars.

"Buy, buy...... Buy it all! Looking at the frenzied pouring of sell orders, Peter's eyes were scarlet. At the trader, he roared.

That's when it happened.

Ayrt told Peter the desperate news that he had been battling short sellers for several days, leaving less than $50 million in liquidity in the accounts of BP Oil. If no miracle happens. By tomorrow at the latest, they will have to sit and wait.

Maybe......

I can't make it through today!

Yes.

There is no money.

Peter, who was screaming, suddenly fell silent, and then went to contact Adelson, Wagner and others one by one, urging them to come to the rescue.

The answer I got was that I was already buying.

But.

The number of shares bought was only a pitiful few tens of shares. Compared to the sell orders of millions of shares, it is not worth mentioning at all. Peter was angry and angry, but he was helpless.

……

"Boss. The stock price has fallen below $36, should we buy it? Yang Yang stared at the computer screen and asked in a loud voice.

In fact.

The stock price has already fallen below the bottom line of $40 scheduled by Tang Bao, and according to the plan, it should stop selling short and buy in reverse. But Tang Bao saw that there was still room for decline, so he didn't buy it too early.

"Huh, the British BP oil company should not be able to hold on." In recent days, the British BP oil company has been holding the market, but its strength is getting weaker and weaker, and it is obviously a lack of capital. Moreover, Horst also told him that Peter had to call Horst several times every day to inquire about Tang Bao's whereabouts, and his eagerness was understandable.

"Wait!"

After thinking about it for a while, Tang Bao finally resisted the urge to buy.

At this time.

It is the most critical moment for BP oil in the UK, and the most anxious must be Peter, who needs to take advantage of this opportunity to fight for more.

……

"Impossible!"

Peter hung up angrily, a look of anger on his face. Just when Peter was in despair, Salim suddenly told him that the Kuwait Investment Authority could help them stabilize the share price of BP Oil in the United Kingdom, on the condition that the previous shareholding cap agreement be completely abolished!

For this request.

Peter didn't even think about it, and rejected it in one gulp. Even if he resigns as chairman of the board of directors and leaves the company, it is unlikely that he will agree to Salim's request.

Let alone......

This kind of thing is not something he can decide alone, and even if the board of directors agrees, the British government will not be able to nod his head.

"Hmm...... Peter, did you say that the mysterious person who took the lead in shorting the shares of BP oil in the United Kingdom was instructed by the Kuwaitis? ”

Salim's offer reminded Ayrt of something.

"Well, that's impossible...... Peter was a little surprised.

"Why can't it be?"

Ayrt asked with a calm face.

“……”

Peter fell silent, yes, why can't it be Kuwaiti. Although the Kuwaitis were very cooperative with him throughout the whole process, they did what he asked them to do, and they also showed their support and importance to the British BP oil company. However, there were several "accidents" along the way, and it was precisely these accidents that dealt a fatal blow to the British BP oil company, causing the stock price to plummet.

Before.

Peter didn't think about it in this direction, because he felt that the Kuwait Investment Authority would definitely not want the stock price to plummet, and would secretly and slowly reduce its holdings.

But today's phone call from Salim revealed some information that frightened him.

The whole thing may have been an elaborate conspiracy by the Kuwaitis......

Perhaps the main person driving investors to short sell BP shares in the UK is the one he himself considers the least likely - the Kuwait Investment Authority.

There is only one purpose.

Forcing the British BP oil company to lift the shareholding restrictions on the Kuwait Investment Authority!

"Huh, Ayrte, if it were Kuwaiti, we'd probably be in much more trouble than that......" Reflecting on what happened, Peter felt that the Kuwait Investment Authority was indeed very suspicious. Originally, Peter was confident that the stock price would be stable, partly because the Kuwait Investment Authority was willing to cooperate with them, but now the Kuwait Investment Authority openly supported him, but secretly wanted to force them to death......

This situation.

Peter can only eat coptis dumbly, and he knows his suffering. There is no way to deal with the Kuwaitis at all...... The situation with BP oil in the UK could be even worse.

"Whew...... Ayrte, if there is no way, can only ask the government for financial assistance! Peter reluctantly took out his final hole card.

Alt was also silent.

Government assistance is something they are not willing to take lightly, because the cost is too great. (To be continued......)