CHAPTER 397: 301. CUTTING THE WORLD’S LEEKS

Eastern City.

In the hotel.

"Three days later, the Pioneer Alliance will be officially listed on Great Xia’s ’Tianful Sea Stock Exchange’, and will issue Otherworldly exploration stocks..."

Anthony was originally leaning sideways against the headboard when he heard the voice coming from the television, and he sat up with a "swish".

With years of experience, he keenly realized that this was definitely an opportunity to make a fortune.

The Pioneer Alliance, created by the Great xia People, was the first to initiate large-scale development of the Primordial World, attracting worldwide attention.

In terms of influence, this is definitely a significant event that will be recorded in Canglan Star’s history.

Even Great Xia obtaining the Celestial Mountain fallen from the sky pales in comparison in importance to this matter.

Now, the Great xia People suddenly introduced an advisor from a Mysterious Race who looks extraordinarily powerful, proving that Great Xia has the means to interact with other Civilized Worlds.

This makes it hard not to believe that the Great xia People will surely succeed in exploiting the resources of the Sea of Death Black Sand.

So the question arises, how much are the stocks about to be issued by the Pioneer Alliance actually worth?

Anthony stared intently at the television screen, with a series of thoughts flashing through his mind: "Many factors affect the valuation of stocks.

"Earnings per share, price-to-earnings ratio, circulating stock, net asset per share, growth rate of net assets per share, etc., all influence the value of stocks.

"But for an emerging industry, expectations for the future far outweigh other factors in importance.

"If a company consecutively posts a loss for ten years, losing at least ten billion annually, with financial statements that are unbearably bleak.

"As long as everyone believes that this company will one day become an industry giant, earning massive profits.

"Then the company’s stock is completely worth holding in the long run and will definitely appreciate many, many times over.

"The Pioneer Alliance is undoubtedly such a company because the Sea of Death Black Sand they plan to develop harbors nearly infinite valuable resources.

"Even extracting one billionth of the resources from the Sea of Death Black Sand would be enough to fill the entire Canglan Star."

"From this perspective, the expected profits the Pioneer Alliance can obtain absolutely surpass any company in the history of Canglan Star.

"So in the future, the stock price of the Pioneer Alliance is bound to soar to an astonishing level, and buying it will guarantee a substantial profit."

Anthony concluded in his heart: "The stocks issued by the Pioneer Alliance are worth buying at any cost.

"Just holding a small amount of Pioneer Alliance stock might ensure a lifetime of financial security."

A glint representing wealth flickered in his eyes: "Since Great Xia announced this news at a press conference, the stock sales are likely to be global.

"The only question is, how many stocks will the Great xia People issue, and how many will be sold to non-Great xia People?

"Right now, the whole world wants to buy Pioneer Alliance stocks, who knows if I will have a chance to snag some."

Anthony’s speculation was soon confirmed.

The representative from Great Xia on the television screen stated in a loud voice: "The Pioneer Alliance represents the entire Canglan Star, and the purpose of developing the resources of the Primordial World is to benefit all of humanity.

"Therefore, this stock issuance of the Pioneer Alliance will be open to investors worldwide, allowing everyone to share in the returns from developing the Otherworld.

"Starting tomorrow, the Tianful Sea Stock Exchange will open special registration channels, and anyone can register an account and apply to purchase Pioneer Alliance stocks.

"If the number of applicants is too large, we will adopt a lottery system, and those who are selected will be able to purchase stocks.

"On behalf of Great Xia, I promise the world that the entire issuance process will ensure openness, justice, and fairness..."

Anthony couldn’t help but mutter "Bulshet" upon hearing this.

He completely distrusted the Great Xia representative’s promise of "openness, justice, and fairness".

It’s too fake!

Anthony silently calculated for a moment and sighed with regret: "The odds of being selected are too low."

Assuming one in every hundred Canglan People wants to purchase Pioneer Alliance stocks, the number of applicants would at least be one hundred million.

He vaguely remembered that Great Xia’s Tianful Sea Stock Exchange had a certain threshold for new stock subscriptions, starting with a mandatory purchase of 1,000 shares.

If the Pioneer Alliance publicly issues ten billion shares, then based on this calculation, there are ten million spots for selection.

One hundred million people competing for ten million spots gives the appearance of a ten percent chance of being selected, which isn’t considered low.

But this is under the most ideal conditions.

Don’t forget.

This subscription is global, and anyone can register -- there are countless ways to play tricks.

To give a very simple example.

Wealthy individuals can find a way to obtain ten thousand accounts to participate in the lottery, even one hundred thousand accounts.

Calculating with a ten percent ratio, ten thousand accounts could result in one thousand chosen accounts, ultimately allowing for the subscription of one million shares.

There are so many wealthy individuals and companies on Canglan Star; they will undoubtedly play this game.

Moreover, some power brokers with more extensive Energy could prearrange some stocks through connections in Great Xia.

These power brokers control more resources, and Great xia People won’t be unwilling.

As long as the Great xia People don’t reveal it, who will know about the under-the-table deals?

In short.

Those with authority and influence will certainly consume most of the allocation.

The portion left for common people is at best mere leftovers.

Anthony thought that the real chance for ordinary people to be selected might only be a few hundredths, or even one-thousandth could be possible.