Chapter 692

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On the Nasdaq Stock Exchange, AMD's share price crashed to the brink of 7 USD.

May 8rd, 78 PM. Dream Entertainment's temporary headquarters, Jade Building, 83th floor. Mu Shuang's office was still lit.

In the office, Shi Lei found a comfortable spot on the leather sofa in the business conference area. He leaned on the sofa and communicated with Izur through his mobile phone. He mainly wanted to know more about the Hero's World.

Mu Shuang sat on the ergonomic office chair and focused on the computer monitor. She operated the mouse and keyboard and started to sweep AMD's shares on a small scale through the Nasdaq Stock Exchange.

On the NASDAQ stock exchange, the daily trading volume of AMD's shares was about 60 million shares. Due to the abnormal fluctuations in AMD's share price today, the trading volume was higher. The stock market was filled with sell orders.

Mu Shuang nibbled away the sell orders at 7.56 USD bit by bit. In just one hour, she had quietly collected 65 million shares.

If it was in the past, 65 million shares would take up two-thirds of the daily trading volume and would definitely attract attention. But today, he wouldn't!

AMD's share price fell by 60%. The trading volume on the market had exceeded 85 million shares. Mu Shuang only owned one-third of it.

However, after receiving 65 million shares, AMD's stock price actually rose by 7 cents, reaching a price of $7.58 per share.

This price was actually a good price. But Mu Shuang did not continue to collect more shares. It was not that she disliked the price. She did not want to trigger a chain reaction and continue to push AMD's share price up.

Mu Shuang pushed the keyboard holder in and yawned. She looked at Shi Lei on the sofa and said proudly, "Shi Lei, we have collected 65 million shares of AMD, which is 6.83% of the total share capital. We are also shareholders of AMD!"

AMD had many shareholders. Those who held more than 5.0% of the shares were qualified to attend AMD's shareholders' meeting.

For example, Credit Suisse First Boston CSFB only held 5.09% of the shares!

Mirui Technology held 65 million shares, which was equivalent to 6.83% of the total share capital. It was already considered one of the main shareholders of AMD.

"Aha! We can't be satisfied with just being a small shareholder. We want to become the absolute controlling shareholder of AMD! "Shi Lei had great ambitions. He wanted to become the absolute controlling shareholder of AMD.

Absolute control meant that Shi Lei owned more than 05% of AMD's shares. As long as Shi Lei became the absolute shareholder of AMD, he could easily change the company's senior management and make decisions about AMD's management.

Large companies in the modern era would generally avoid situations where there was an absolute shareholder. This was because the absolute shareholder would cause the other small shareholders to lose their voting rights, and the company would become a toy in the hands of the absolute shareholder.

If the absolute shareholder was opportunistic or used his power for personal gain, such behavior would have a very serious negative impact on the listed company. In the best case scenario, the company's shares would plummet, investors would retreat, and small shareholders would withdraw their shares. In the worst case scenario, the company would collapse, and the listed company's dynasty would collapse.

Once Shi Lei stated that he wanted to become the absolute shareholder of AMD, not only would AMD's senior management disagree, but the other shareholders would also disagree.

Mu Shuang walked to the business conference area and sat opposite Shi Lei. She rolled her eyes at Shi Lei and snorted. "It's not that easy to become the absolute controlling shareholder. Although AMD has a total of 098 million shares in circulation, most of them are in the hands of the big and small shareholders. They won't sell them easily."

"Why won't they sell?" Shi Lei frowned.

"Many investors are optimistic about AMD. There are also some investors who are fixed investments and won't sell their shares easily. For example, the Norwegian Government's Global Pension Fund holds 5.13% of AMD's shares. To them, as long as AMD doesn't have a clear signal of bankruptcy, they won't sell AMD's shares at a low price. They will only wait for dividends or a very high price to move them. "Mu Shuang explained the general situation.

The Norwegian Government's Global Pension Fund was an official investment of the government. They had bought AMD's shares steadily and would definitely not sell them at a low price. It would be extremely difficult to get the shares in their hands!

Shi Lei frowned. Originally, he thought that AMD had 20% of its shares in circulation. It should be easy to get more than 05% of the shares through acquisition. But now, it seemed like it would be very difficult.

"Mu Shuang, how much shares do investors like the Norwegian Government's Global Pension Fund hold?" Shi Lei asked.

If there were too many of these government investors, it would have a huge impact on the acquisition. This was because as the acquisition went on, AMD's shares in circulation would decrease, and AMD's share price would increase.

Mu Shuang did not answer Shi Lei's question. She explained, "I'm not sure yet. We still need to investigate AMD's shareholders further."

"Huh? Shouldn't the shareholders' information of listed companies be made public? "Shi Lei was a little surprised.

After the information was made public, it meant that they could easily investigate the information they needed. Why hadn't Mu Shuang found the corresponding information?

"Idiot!" Mu Shuang rolled her eyes at Shi Lei. "Although the information of listed companies is made public, it would take a lot of time to investigate the shareholders' information!"

"I see!" Shi Lei heaved a sigh of relief. So, it was a problem of working too slowly. He took out his phone and dialed Izur's number without avoiding Mu Shuang.

Although he did not avoid Mu Shuang, Shi Lei did not directly address Izur. After the call was connected, he ordered, "Investigate AMD's shareholders. After the investigation is completed, send it to my email!"

Mu Shuang looked at Shi Lei in surprise. 'This guy Shi Lei, who did he order to investigate AMD's information? Xie Hui? No, Xie Hui does not have the ability to do this. Other than Xie Hui, who else could it be? '

“Yes，Sir！” Izur's tone was always so calm and emotionless. Shi Lei liked this tone and did not like Izur imitating human emotions to communicate with him.

After hanging up the phone, Shi Lei took the initiative to explain to Mu Shuang. "It was a friend. He is very familiar with this kind of information. He will send the information over in a while!"

In less than ten minutes, Shi Lei received a message on his phone. It was from Izur, indicating that the information of AMD's shareholders had been sent to Shi Lei's email.

Shi Lei stood up and smiled. "Let's go and take a look at the information of AMD's shareholders!"

Mu Shuang's heart was filled with bewilderment. The information of AMD's shareholders was indeed public, and there were hundreds of them. But to sort out all the information in less than ten minutes, how efficient was this?

'Who is Shi Lei's friend? How did he complete the information so quickly? Could it be that he had already prepared AMD's information? Does Mirage Technology really exist overseas? ' Mu Shuang was even more puzzled. She had originally thought that Mirage Technology did not exist and was just a shell company made up by Shi Lei.

However, the two main technical departments of Mirage Technology made Mu Shuang start to pay attention to Mirage Technology, but she did not find any relevant information.

This time, Shi Lei had asked his' friend 'to investigate the information of AMD's shareholders. This made Mu Shuang doubt the existence of Mirage Technology again.

Shi Lei used Mu Shuang's computer to log into his personal email and downloaded the email that Izur had sent to him.

The information that Izur had investigated on AMD's shareholders was very detailed. Not only was the information listed in detail in the Word document, but there were also a large number of circular percentages and column comparisons.

According to Izur's investigation, out of 20% of AMD's shares in the market, 95% were in the hands of fixed investors.

These fixed investors meant that they had held AMD's shares for more than three years and would only buy the shares and not sell them.

The remaining 80% of the shares in circulation were divided into two parts.

The first part was in the hands of speculators. They could be regarded as temporary shareholders. They only held the shares and did not attend the shareholders' meeting. The shares in their hands fluctuated according to the market price. This part of the speculators held about 60% of the shares in circulation.

The other part, the last 75% of the shares in circulation, was the real shares in circulation. Individual investors could buy and sell them freely on the market.

Dream Entertainment could only buy this 75% of the shares in circulation successfully. Once the number of shares in circulation exceeded a certain level, the price of AMD's shares would definitely skyrocket.

Even if Dream Entertainment bought all 75% of the shares in circulation and paid a high price to buy 60% of the shares in the hands of speculators, it would only reach 80% of the shares.

At that point, Dream Entertainment would have to negotiate with the fixed investors to have a chance to increase their shares.

However, in such a situation, AMD had already woken up. If someone wanted to acquire the company, they would definitely be vigilant and create more trouble for the acquirer.

After Shi Lei and Mu Shuang finished reading the information that Izur had collected, Shi Lei did not know much about stocks and felt that the situation was not too bad. However, Mu Shuang's expression had turned ugly.

"Shi Lei, we might be in trouble!" Mu Shuang bit her pink lips and said softly.

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