Chapter 615: Misfortunes Never Come Singly
Today was the last Friday of May. Outside the Vienna Stock Exchange, the crowd had already become a sea of people.
The Austrian Securities Regulatory Act clearly stipulated that listed companies had to publish their financial statements once every three months, during the following month.
Since companies went public at different times, their reporting schedules varied as well. At the end of every month, quite a few companies released their financial statements.
Friday was chosen because the stock market would be closed on Saturday and Sunday, giving the market time to react and preventing investors from impulsively dumping their shares all at once.
If it was good news, naturally there was no need to wait until the end of the month. It could be announced at any time.
Financial newspapers also published corporate financial statements, merely a few hours later than the exchange. Under normal circumstances, there would not have been so many people here.
Now, however, was clearly an exception. Over the past few months, strikes had swept across Europe. Companies hit by strikes naturally could not have performed well, and everyone had prepared themselves mentally.
Maldonado was one of the investors. Under normal circumstances, he did not bother checking the exchange's notices. They were always released on Fridays anyway, and even if he saw them, there was no time to act.
Today was an exception. Da Ke'er Textile Mill, the company in which he held the largest stake, was releasing its financial statement. Deep down, Maldonado was already hoping that Da Ke'er Textile Mill had simply lost a little less money.
There was no helping it. He was already trapped. Ever since the strike had broken out, Da Ke'er Textile Mill's share price had fallen all the way, with far more sellers