Chapter 520
Chapter 520
?Chapter 520: 193, Advertising revenue that made history Chapter 520: 193, Advertising revenue that made history Wall Street sees no novelty, for human nature never changes!
Speculation is ancient, like the hills, and what happens in the stock market today has happened in the past and will happen again in the future!
But Wall Street can always conjure up something shocking.
Like right now!
It’s been two days since ABC went public!
In these two days, Donnie spent a total of 20 million US Dollars buying up ABC’s stock.
By now, no one was inquiring about the source of Donnie’s funds anymore, because they didn’t know, but there was one thing they did understand—if this continued.
Perhaps this time, Donnie Block truly could slay the dragon and become the real dragon-slaying hero!
Thinking of this possibility, everyone was incredibly excited, eager to witness this historic moment!
Compared to these people’s excitement, the coalition led by Little Rockefeller couldn’t possibly be in a good mood!
George Whitney was even summoned back to Morgan today to give a personal report on the matter.
“Haven’t found out yet?”
At this moment, Little Rockefeller had also lost his usual calm and appeared very irritable.
The person responsible for investigating the source of Donnie’s funds could only express helplessly, after receiving Little Rockefeller’s call, that they needed one more day!
Such an answer obviously couldn’t satisfy Little Rockefeller, and for the first time, he lost his composure and reprimanded the other party harshly.
“There are two things I think you need to pay more attention to!”
William Mellon sat there with an equally grim expression, watching Little Rockefeller.
“What things?” Little Rockefeller sat down on the sofa and lit a cigarette for himself to ease his anger.
“We have finished unloading our stock.
If we want to continue, we will have to use our own shares in ABC.
If Donnie continues to buy back the shares, then we stand to completely lose our voice in ABC.
The second thing is, Donnie is going to hold an advertising sponsorship conference for ABC tomorrow.
If that succeeds, then we might as well declare this plan a failure!”
William Mellon leaned forward slightly, looking at Little Rockefeller and said, “When we agreed to cooperate with you on this, it wasn’t to end in failure!”
Little Rockefeller waved his hand boldly and said, “Rest assured, the advertising conference at most will bring him some revenue, it won’t affect this matter!”
William Mellon rarely contradicted Little Rockefeller on this matter, “I understand Donnie very well; this man never does anything without a purpose, just like his decision to take ABC public.
According to Donnie’s character, he wouldn’t have chosen to go public if there wasn’t a particularly large demand for funds, considering ABC’s books are quite healthy and show no need for cash.
But Donnie still went ahead with the IPO, which means he has a use for the capital raised from ABC going public.
Now back to the subject of holding the ABC advertising sponsorship conference, we can be certain that Donnie chose to hold it in response to our actions.
No one understands the operation of a commercial broadcasting station better than Donnie.
Now that he has chosen to take this step, I believe there must be some goal he intends to achieve with it.”
Little Rockefeller didn’t entirely dismiss William Mellon’s advice but sat there seriously pondering his suggestion.
However, in the end, Little Rockefeller still held firm to his own belief, saying, “I acknowledge your point, but I still don’t think highly of this advertising conference.
ABC is currently in a precarious phase, even if people are willing to believe that advertising with ABC will bring them more benefits, those benefits are limited and uncertain.
We can’t give up on our plan because of this!”
Seeing he couldn’t persuade Little Rockefeller, William Mellon pursed his lips and did not offer further reminders.
The matter would be decided by tomorrow’s events!
.
In fact, it wasn’t just Little Rockefeller and his group who had doubts about this event— even those close to Donnie had a certain degree of skepticism.
“Can this really become the turning point in this short-selling battle?”
Helen sat next to Donnie and quietly inquired.
“It will!” Donnie said with certainty.
Actually, sometimes it wasn’t that their business acumen was inferior to Donnie’s, it was just that their vision was limited by the era they were in!
The same happened when the ancient country of the East held their first advertising auction; neither the broadcasters nor the people then believed the event would be a success.
Yet against all expectations, the title of top bidder at the first auction went to Kong’s Feast with a jaw-dropping price of 30.79 million, and in the two months following the promotion by the broadcaster, Kong’s Feast achieved sales of 270 million!
Things never seen before by an era always grow amidst people’s doubts.
Seeing how certain Donnie was, Helen believed him without condition and then asked, “If that’s the case, how do you plan to end this battle?”
If everything went as Donnie said, then tomorrow would indeed be the final battle in this great war.