Did the Stock Exchange have any rules limiting how many shares a stock could be split into?
They had previously chosen to split all the shares into four million, then list 25% of them—one million shares—for direct subscription, before conducting offerings, buybacks, and other operations based on market conditions.
Now, the price of a single share had risen infinitely close to thirty gold coins.
That price shut out the vast majority of people, but what could they do when it had already risen this high?
They had never considered this issue before.
But suddenly, Viscount Rost thought of an idea.
What if they split the shares again?
The original 100% equity had been divided into four million shares. He could directly split them into forty million shares, while everyone's holdings would still be converted according to value. In other words, someone who currently held one share would hold ten after the split, with the total value still close to thirty gold coins.
That meant the price of one share would drop from nearly thirty gold coins to nearly three.
That would benefit both those who already held shares and those who wanted to buy in.
Because it would become easier to circulate.
Originally, few people could afford a share worth thirty gold coins. But if it became three gold coins, far more people would be able to trade it.
With that thought, Viscount Rost immediately contacted the Dragons.
After hearing Viscount Rost's proposal, Nidhogg, the Destruction Black Dragon, felt his dragon brain buzzing.
Right!
They could operate it like this.
Who said there was a fixed limit to how many shares could be issued?
Then what had Great Dragon Express been doing before?
Were they forcibly screening people out and shutting most of them outside the door?
Why had they