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Chapter 689

Penulis: ewew
last update Tanggal publikasi: 2024-01-06 16:44:02
Chapter 689

Tenton's stock had been going down for four days in a row since the rumor came out that Raymond was not Zacharie's real son.

But things had gotten a little better in the last two days. The stock didn't fall dramatically like it did in the first two days. It looked like the company's stock might go up.

Nevertheless, the rumor startled all Tenton's shareholders.

Anyone who knew the stock market understood that Tenton's stock was bound to go down more than up in the coming months. And once the evidence that Raymond was not Zacharie's son was released, Raymond would be kicked out of Tenton. By then, no one would know how far Tenton's stock would fall.

A lot of people had started selling Tenton’s stock in the past few days. Certainly, Ryker had been secretly buying Tenton’s stock these days, and he had been privately contacting some of Tenton's shareholders.

Of course, besides Ryker, Scarlett also asked Katherine to buy Tenton’s stock.

In addition to Raymond, Tenton had twelve other shareholders. Raymond owned thirty percent of the company’s stock shares and the other twelve shareholders owned forty percent.

Ryker had been reaching out to Eric and Edward for the past two days, who were two major shareholders of the company, but it appeared Ryker had not reached a consensus with the two.

Eric and Edward had been Tenton’s shareholders for years. They had been with the company since Tenton was founded. Many years ago when Tenton was in crisis, Eric and Edward took out all their money and lent it to Raymond’s grandpa who founded the company, which enabled the company to turn over its capital and survive the crisis.

Therefore, Eric and Edward's shares were much more than the other ten shareholders.

If Ryker got the two’s shares, he would then have a greater say in the board of directors, and he would advocate kicking Raymond out of the Tenton’s board.

Of course, Raymond and Scarlett had anticipated Ryker’s intentions.

Scarlett had asked Katherine to contact Eric and Edward, and she offered Eric and Edward three percent more in price than Ryker.

The two did not give their reply yet. They had to consider it.

When Katherine returned from the negotiation, she reported what Eric and Edward had said to Scarlett.

After knowing the two’s attitude, Scarlett raised her eyebrows slightly, "I see."

It seemed that although Eric and Edward had deep affections for Tenton, they might still sell their shares if the offer price was high enough.

Earlier Ryker approached the two, but they simply refused. Probably Ryker's price was not high enough.

Thinking about it, Scarlett smiled, "Thank you, Katherine! You can go now."

"Okay, Ms. Reed."

In the evening, Raymond came to pick up Scarlett. Scarlett told Raymond about it. "It seems your uncle kind of lacks funds."

Raymond glanced at her, "Eric and Edward are probably waiting for a better price."

Scarlett smiled approvingly, "From the situation, Tenton's future isn’t looking good."

With such an internal battle, it was obvious to anyone in the industry that no matter who won in the future, Tenton was bound to experience major trauma.

"Since they like the game, I'll play along." When Raymond said this, his face had an indifferent look on it.

Scarlett looked at him and smiled, "No problem. You're not short of money anyway."

Scarlett didn't believe that Ryker's wealth could surpass Raymond's and hers combined.

Technically, Scarlett's confidence was not blind.

Not to mention RayPal's market capitalization today, several of Scarlett's portfolio companies have gone public. Even the company with the lowest market capitalization was worth two to three billion dollars. If she sold her shares, she could easily cash out $10 billion or so.

July ended quickly. But in Juanton City, August was not much different from July. This evening’s sunset was as spectacular as ever.
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