Chapter 1162 Confession 5/66]
For retail investors in any country, they have a good tradition, that is, chasing highs.
So even though the stock price has soared to $32 after the opening on the third day, this still cannot stop the enthusiasm of retail investors.
Although there was no terrifying speed that had risen by $7 before, the growth rate was still very huge. By 12:30 noon, the stock price broke through $40 per share.
At the close of the market, the stock price was US$44.6 per share.
On Day 4, Day 5, Day 6, the stock price is still the same word: rise.
Of course, the rise was very slow. It was not until the 6th day that the stock price broke through $50 per share, and then finally stabilized at this price, starting to shake and float up and down.
What made all retail investors feel relieved is that the stock price has truly stabilized at the level of $50 per stock this time. Although there will be a two or three US dollars up and down vibration, the stock price has undoubtedly stabilized. There should be no need to worry about the previous cheating curve.
In the end, 51 Search became a company with a market value of over US$50 billion, successfully replacing all the Internet companies listed before, and becoming the veritable first Internet stock.
Other Internet stocks did not have any jealousy about this, but were very moved.
Because of the rise of 51 Search, the entire Internet stock sector soared wildly. Although other stocks are far less violent than 51 Search, they have risen by more or less by about a few points. Yahoo, which ranks second, has risen by 15%, and its market value has successfully exceeded 10 billion US dollars, becoming the second company in the entire Internet sector to break through 10 billion market value.
Such changes made Yahoo company very moved. Three days ago, their company lost several hundred million market value because of 51 search. As a result, a few days later, not only did all of these market value come back, but also gave more than 1 billion market value. How could they not be moved?
This also shows from the indirection that today's online concept stocks are basically in a state of prosperity and loss. With the 51 Search's market value exceeding the astonishing number of US$50 billion, the trend of online concept stocks in this era may be much faster than that of another world.
At this moment, the entire company was almost crazy about to be happy. Although the two founders, Xiao Huang and Jadel, only had 5% of the company's shares left, this 5% was US$2.5 billion. These two young people who were just 18 years old have become billionaires.
I don’t know if he is the youngest billionaire in Quanmi.
Boss Jia, who owns 40% of the shares, increased his net worth by US$20 billion in one breath, which is the most exciting one... Well, if they knew that 32% of the 50% circulating shares were actually controlled by Boss Jia through various means, they would probably be even more moved.
On the books of the company searched by 91, there was a total of $3 billion in cash, all of which were raised through stock markets.
Well, unlike some illusory wealth, this $3 billion is real cash, without any adulteration, Xiao Huang and Jadel are about to be crazy about the two of them. They are already imagining how much servers they will use this funds to buy, how many talents they will recruit, and what new business they will do in the future.
Then Boss Jia called him to go to his office.
"I want to tell you something!" Boss Jia looked at the two young people who were so happy about $3 billion in front of him, and smiled slightly and said, "Actually you could have $6 billion!"
"What?" Xiao Huang and Geld stayed at the same time, looking at their boss Jia, and then Boss Jia said very readily, "I was the one who made our stock price fluctuate at the beginning, and I was the one who bought the last half of the original shares when they were 4 US dollars a share!"
"In addition, I was the one who made the Internet Times issue that press release!"
Boss Jia said everything he did in secret in a few words, shocking Xiao Huang and Geld all over and were almost stunned.
"Why do you want to tell us?" After a short while of silence, Xiao Huang and Geld asked at the same time.
"Oh! You don't ask me why I did this? Instead, you ask me why I told you?" Boss Jia looked at the two young men in surprise.
"There is nothing to ask about. Since you have done this, you must have your reasons. We both believe in you. Besides, 3 billion US dollars has been enough for us to use it for several years!" Xiao Huang said with a smile.
He was indeed not dissatisfied with him. After all, if Xiao Huang was asked to take the listing himself, the listing price per share would probably be set to US$3.32 per share. After all, the institution responsible for the agency for their listing set such a price.
At the same time, they also made a pity to ensure that as long as it is the price, they will be sure to underwrite all the stocks before they go public.
At that time, Xiao Huang almost agreed to this condition directly. Fortunately, Boss Jia did not approve it. Otherwise, when 51 went public, they would have only been able to obtain about US$1.5 billion in financing at most. Now it has doubled, and the two of them are already very satisfied.
The only thing they both were curious about was why Boss Jia told them this. After all, as long as Boss Jia didn't say it, they would never know about it in their lifetime!
"I don't want a gap in the relationship between the three of us!" Boss Jia patted the two of them on the shoulders and smiled. "The future of you two is unlimited. Don't look at your current net worth only US$2.5 billion. But I believe that in the near future, it is normal for you to have a net worth of more than US$25 billion."
"I need the three of us to work together. There is no place in between that can allow our opponents to provoke us, so I will tell you two!" Boss Jia smiled.
"Yeah!" Xiao Huang and Jadel were so moved. Such a great boss, it was so happy to be able to work for Boss Jia.
"It was originally said that I should have made up the $3 billion worth of that, but I have some things that I need to spend, so I will give it to me first. At most, by this time next year, I will hand over the $3 billion to you again!"
"Okay!" Xiao Huang agreed readily. In fact, even if Boss Jia doesn't give it to him, he will not be dissatisfied.
"Yeah!" Boss Jia suddenly grinned and asked, "By the way, do you want to transfer this 3 billion US dollars to your company account or to your personal account separately?"
"Personal account..." Xiao Huang and Geld almost fainted when they heard this.
Although it is only $3 billion, the gap is huge. In the former, the money belongs to the company. Although as the company's presidents, they can use the money anytime and anywhere, after using it, they need to report the detailed whereabouts of the money to all shareholders in the annual report. They cannot really use it as they wish.
Chapter completed!