Chapter 1564 - Mo Xicheng Reinstated (37)
Chapter 1564: Mo Xicheng Reinstated (37)
Mo Zhi frowned and glanced down. He was going to disconnect the phone but when he saw who was calling, he was stunned immediately.
The person calling was none other than the one who had been helping him trade those shares.
Mo Zhi had told him that he should not contact him unless it was urgent.
So what did that call mean now?
He frowned and immediately hung up.
Shortly after, the cell phone rang again.
When it rang twice, Gao Feng suggested, “CEO Mo, if there’s something urgent, I do suggest you pick up the phone.”
Mo Zhi nodded at everyone and answered the call.
The moment he picked up, he heard a voice on the other end of the line say, “CEO Mo, bad news! The share price has dropped from eight dollars to four dollars!”
When Mo Zhi heard this, his mind went blank and his legs gave way. He almost collapsed into a pile on the floor.
“What did you say? How could this be possible? Didn’t it rise by two dollars this morning?!”
It had plunged to six dollars two days ago and had only risen recently. He had already been worried about whether he would be able to return the company funds. But now, how could it have suddenly fallen by this much?!
He had taken hundreds of millions from the company, hence if the shares had fallen by four dollars, it would be a loss of half that amount.
The numbers sent his mind reeling and his hand froze, his cell phone slipping away and falling on the ground.
As the cell phone fell and touched the ground, the hands-free function was accidentally activated. Now, what the person on the line was saying could be heard throughout the meeting room. “CEO Mo, what do we do now? It has fallen four dollars, which is half of the purchasing price! Now even if we wanted to sell what we own, it would be too late because no one will want it. Such a drop is unusual! I heard from a friend, an insider, that their boss is gravely ill and would soon be sent into the intensive care ward. They thought he would not make it, so the shares have fallen. CEO Mo, their company thrived solely because of this legendary leader and he is the heart of their business. If he doesn’t make it through, their company will be done for!”
These words were heard clearly by everyone in the meeting room.
Gao Feng stood up again and stared at Mo Zhi in disbelief.
Anxiously, he asked the young man, “How- how much of the company’s funds did you use for this?”
Mo Zhi opened and shut his mouth, but no words came.
Given that the shares had tumbled so drastically, he wouldn’t be able to sell them even if he wanted to.
It seemed that the company’s circulating capital would be tied up to the stock market for the long term.
Hence this time, they were in serious trouble.
It was likely that when the end of the month came, there would be no money in sight.
Without circulating capital, this company would be in imminent danger.
Everyone in the meeting room could no longer contain their anger.
Livid, Gao Feng started to rebuke the man, “The company is going to be destroyed by you! Mo Zhi, you- you are simply atrocious!”
With all fingers pointing at him now, Mo Zhi felt so pressured he could hardly breathe. His face turned ashen as he looked at everyone in the room quietly.
Mo Xicheng narrowed his eyes as he watched this.