On Monday, Lehmer Asset Risk Control not only failed to rise, but instead suffered a noticeable drop.
Lin Qi's silence made some investors uneasy. On top of that, today was the day of its official issuance, and no one knew what kind of treatment the company would receive.
Perhaps Lin Qi couldn't cash out his shares, so he had... simply abandoned the company? Some investors began leaving to watch from the sidelines. They had already made quite a bit of money, after all, and were unwilling to take on greater risks.
There would always be speculators in the Financial Market, and there would always be gamblers. As long as the returns were high enough, they were willing to give it a try even if the odds of success were only one percent.
What if they succeeded? With the stock price hovering around four sols and showing signs of continuing to fall, hardly anyone was at the United Exchange's subscription window. A few people occasionally bought some, but the amounts were tiny—little more than small, tentative investments.
The brokers at the exchange always created profits for the exchange at times like this, and the method was quite simple.
They would call investors who had just opened investment accounts and tell them that this was the best time to buy the bonds. Since they were being issued on a priority basis, they would soon sell out, and before long, they might even become another kind of "currency" in the trading market.
After all, bonds themselves could be traded. Cashing in a bond required no identification, and the selected institution recognized the bond, not the person holding it.
After a bond was issued, as the date when it could be redeemed drew nearer, its market price would gradually exceed its face value.
For