Chapter 1433 (2/2)

Tom said: ”it depends on the potential of this child. If Makino technology wants to buy us, it will definitely take a deep consideration of our future potential.”

The chairman of the board of directors said: ”you ignore a problem. You only consider the future potential of the child, but you don't think how much it will cost to raise him. You also ignore the fact that the child is disabled, which means that you have to cure him, feed him, wear him and receive education, so he can make money for you.”

Tom spread out his hand: ”Li Mu has plenty of money. What he pursues may be...”

The chairman of the board of directors interrupted him and said: ”I haven't finished yet. You just adopted the child and paid for his treatment, but now he needs an organ from your son to save his life. But you can rest assured that what he needs is not an indispensable organ, but an organ that will not affect his life too much, such as a cornea A kidney, or a liver. ”

”Enough!” Tom said with an ugly expression, ”I just want to help you to strive for the best interests, but you use my son as a metaphor and say such hard words. Isn't it too much?”

The chairman of the board of directors sneered and said: ”I'm just your son, for example, you can't stand it, but you want Li Mu to take some organs from his son and give them to you? Did you get kicked in the head by a donkey? Do you think with Li Mu's style, if Tim asks Lin Qingya for 4% of apple stock tomorrow, what kind of reaction will Li Mu make? I guess he'll give up the acquisition immediately and put another bullet in our heart! ”

Tom was embarrassed for a moment. His anger had already dissipated. All he had left was fear.

Li YuXun thinks that the world is his cleverest, while others are stupid people who lack thinking ability, and in the end, they are all like him.

Through a series of metaphors just mentioned by the chairman of the board of directors, other board members have thoroughly figured out the current situation of apple. They take out the metaphors that are all the dragon and Phoenix among people, but when they get together, they are the fans. This metaphor is the first time for them to see the whole situation from the perspective of onlookers.

Apple is the disabled child waiting to be adopted by the chairman of the board of directors. It's his best luck to meet someone who is willing to adopt him. If you still expect the adopter to cut off the meat from his son and feed him, it's more wishful thinking than a dream.

So, this also means that it's better not to even think about the M & A of Apple by Makino technology, because there's a million more thoughts about Baluchi. Maybe Li Mu will just say say say goodbye.

There is no possibility of merger and acquisition. The only possibility left is bargaining.

So, how to make an offer to Li Mu? A premium on the existing stock price? That's a dream, because in Apple's current situation, let alone a certain premium on the existing stock price, even if Apple wants to sell its shares according to the market value, it's impossible to cash in.

The reason why it is impossible is that as a listed company, although most of its shares are in the hands of the board of directors, there are still some shares circulating in the market. These shares are purchased by a large number of investors. In order to protect the interests of investors and the stability of the entire securities market, the capital market strictly limits the freedom of cash arbitrage of shareholders and executives of listed companies.

That is to say, if a certain capital has 10% of Apple shares, if they want to cash these 10% into cash, it is not so simple to sell the shares directly in the stock market. First, they need to make the disclosure of reducing their holdings in advance according to the requirements of the market, and go through a large number of bloated and slow flow processes. Finally, after a long process, they can just like squeezing toothpaste, a little bit of a set of shares Now.

In this way, if Apple's shareholders want to reduce their holdings, they need to disclose to the public before reducing their holdings. Once investors find that Apple's shareholders want to escape, panic will lead to a greater sell-off tide. By then, the shareholders' shares have not been reduced and the stock price has fallen to the bottom.

This means that Apple's shareholders are now deep investors, and even trying to cash by market value has become an impossible task.

Therefore, if Apple's shareholders want to cash out now, they will not be able to get cash according to market value, but they will sacrifice part of their interests to get the opportunity of cash out, which is the key chip for Li Mu to reduce Apple's price.

If Apple has a market value of 3 billion yuan and shareholders hold 70% of the shares, that part is $2.1 billion according to the market value. If Li Mu controls it well, it is likely to force Apple shareholders to agree to transfer all their shares to him at a price of $1.5 billion, making him the controlling shareholder of apple.

However, if Li Mu wants apple to delist from Nasdaq, he must give the market value of shares in circulation a premium space to ensure the smooth progress of privatization. If the market value of apple in circulation reaches 900 million US dollars, Li Mu will have to make up for their premium, and then recover the shares from them. If the premium is 40%, it will cost 360 million US dollars more.The money seems to be the cost Li Mu has to bear, but for Apple's board of directors, they know that Li Mu will count this part of the cost on them.

In this way, they are not only unable to get the money according to the stock price, but also far below the stock price.

And since no one else is interested in apple now, Apple executives are aware of a serious problem: if they want to cash out dozens of stops, selling at a low price is the only way out for Apple!