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Making 137
Making 137
Chapter 137
In Newhaven Commercial Plaza, cheers erupted from Claire’s office.
“Calmore, I sold off all the stock of Gastronova Ventures. I just indole a 10–million dollar profit!” Gerald jumped up from his chair, unable to hold back the excitement and joy in his heart.
“Hey, Gilmore. The 100 million dollars that the Evermore Group spent on buying Castronova Ventures‘ stock just earned me another 50 million! Leaning against the leather couch with her long legs crossed, Claire crossed her arms and smiled.
victoriously
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Gently closing his laptop, Gilmore booked up at the two happy birds and said. “I spent 540 million on Gastronova Ventures stock. After selling it off, I made 400 million?”
“What?”
Hearing that Gerald gasped.
Then, his admiration for Gilmore flooded over him. “Gilmore, you got so rich so fast. How I wish I could be so rich!”
Gilmore chuckled. “Hey, you’re already rich enough.”
Gerald giggled. “Yeah. I’ve earned 40 million dollars already. All thanks to you.”
Gilmore was Gerald’s cash–sniffing hound.
h him these days
Gilmore would ask Gerald to invest in stock with him these days
Since Gilmore had God’s Eye, every stock he bought skyrocketed
With his help, Gerald earned a lot of money. In the beginning, he only had under 150,000 in his pocket. Now, 40 million dollars was sitting in his bank account.
He also became rich overnight.
Days ago, Claire had listened to Gilmore’s advice and invested all the remaining liquidity funds of the Evermore Group in Castronova Ventures Group’s stock.
She cashed in 50 million after selling it.
She finally saw Gilmore’s tremendous gift for trading in the stock market.
“Gilmore, we should split the 50 million. After all, I used the Evermore Group’s company funds to earn it, Claire suggested.
“No need. All the profits will be in the Evermore Group’s liquidity pool. You can use it if you want, Gilmore said, shaking his
head.
Gilmore already had around one billion worth of assets. Moreover, he still held 10% of the shares of the Horizon Group, which was worth another one billion dollars,
He was already a billionaire.
His fortune could stand side by side with that of the rich and powerful families in Oakhaven. He was already a low–key tycoon there now.
The 30 million dollars that Claire suggested to split with him was nothing to him. Therefore, he didn’t take it seriously at all. Content © NôvelDrama.Org.
Claire nodded and said, “Okay, I’ll put the money in the Evermore Group’s liquidity pool as our development fund.”
13:03 Fri, Aug 23 DE
Chapter 137
Gilmore stood up front his chair and said, “Well, we’ve already sat in this room for an hour now. Why don’t we go celebrate the opening of our 80 branches!”
The three had been sitting in this office selling off their stock on their Laptops for the past hour. Since Gilmore had God’s Eye and knew that Gastronova Ventures Group’s stock price would plummet, he asked Gerald and Claire to sell off all their Gastronova Ventures‘ stock hours in advance.
Gilmore alone dumped more than 800 million worth of stock. Claire sold off 160 million, and Gerald 40 million.
Such a large–scale sell–off made the stock price of Gastronova Ventures drop drastically, causing the company’s shares to lank.
That was why Benjamin found that the stock price, which had been on an upward trajectory days ago, dropped by 300%
had suddenly
Claire nodded. She should attend the opening ceremony. After all, she was the CEO of the Evermore Group.
Then, after selling off their stock, Gilmore, Claire, and Gerald left the office.
While the three of them made a fortune on the stock market, Benjamin was almost shocked into depression in his office.
What was even The company’s stocks suddenly hit rock bottom, which forced the company to face financial difficulties. more fatal was that Benjamin had used 100 million in company funds to buy his own company’s stocks when the stock price. was still rising yesterday.
He thought that he would make a lot of money, but he suffered a big loss instead. His 100 million dollars invested became Jess than 1 million in an instant. It would wipe him out if he sold off all his stocks now,
Not only did he lose 100 million dollars, but he also couldn’t cash out that 1 million.
Although Benjamin knew that this 100 million wasn’t a lot for the Palmer family business, the company would be in a crisis if there was something wrong with the liquidity pool of Gastronova Ventures,
Also, if his two uncles knew that he had lost 100 million dollarson the stock market, they would definitely rat him out in front of his grandfather, Emerson.
Then he could lose his chance to take over the family business.
Benjamin recovered from his daze and tried to come up with a plan to conceal the fact that he had lost 100 million dollars. in the stock market.
The only thing he could think of was to crush Evermore Diner as soon as possible so that Gastronova Ventures could continue to dominate the catering industry
If he could do that, then Gastronova Ventures could keep profiting millions of dollars, and therefore no one would notice he had lost that 100 million.
However, Benjamin’s plan didn’t come to anything
The sales performance of Castronova Ventures had plummeted by 30% in the following month after the opening of Evermore Diner’s chains.
By the end of the month, it dropped by a terrifying 50%
Evermore Diner, on the other hand, grew more and more popular by the day,
Since half of the former customers of Gastronova Ventures had opted for Evermore Diner, in just one month. Evermore Group quickly became the second–largest catering brand in Oakhaven
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13:03 Fri, Aug 23
Chapter 137
They were only one step away to surpass Gastronova Ventures to become number one.
Gastronova Venres was in crisis.
“Knock knock.”
In the Vice President’s office, the exhausted Benjamin collapsed on a chair, looking haggard.
The sudden battering on the door startled him.
It took him some time to calm down. Then, he asked, “Who is it?
“Mr. Palmer, it’s me.” Ms. Patterson’s voice sounded.
“Come in!” Benjamin heaved a sigh of relief.
Ms. Patterson opened the door and came in with a serious look
Benjamin had a bad hunch after catching a glimpse of her expression.
. Patterson, are you going to tell me that our sales have dropped again?”
Yes, Mr. Palmer!”
“By by how much?”
-70%
“What? How did it drop by another 20% in just two days?”
“We’ve lost too many customers. They’ve all gone to Evermore Diner”
Benjamin’s face was drained of all color when he heard that
He wondered, “How’s it possible?”
“How is this possible? Evermore Diner snatched away 70% of Gastronova Ventures Group’s business in just one month! How did they do it?” Benjamin couldn’t figure it out.
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