Life at The Top novel Chapter 1937

If all the previous contents of this

conversation up to now made the Habers

father and son extremely uncomfortable,

this sentence was a cool drink in a hot

summer, sending chills down the father

and son’s spines.

Why were they unwilling to go public?

Of course, it was because they were

worried about control. Also, there was

another important reason.

This was regarding the particularity of the

food industry.

Foodstuff itself was a resource controlled

by the state and it was indeed circulated o

n the market, but both the scale and the

price were subjected to strict official

restrictions.

What kind of problem would this cause?

It would make it difficult for food

production companies to lose money. It

seemed good, but a serious problem was

that it was also difficult to make a lot of

money.

It could be said that it was true that its annual profit could be calculated with a calculator.

Rice was purchased according to the grade, which applied to even the highest quality grade of rice. For example, if the government purchased them for 1 Somer Dollar per half a kilogram, then its market price would not exceed 1 Somer Dollar.

Moreover the government would fix the price for you when it came to your cost, as well as how much money you would need t o produce half a kilogram of rice. Hence, there would be no loopholes for you to exploit at all.

It was precisely because of the small profits that it was very difficult for such a company to go public.

What kind of listed company would capitalists like?

They liked the kinds with high-yield and high-return. It would be best if they could make 100 Somer Dollars with an investment of 1 Somer Dollar. This was the nature of capital, and no one could change it.

Therefore, if Grandland wanted to go

public, its performance and scale would

meet the requirements, but it was

destined to be unlikely to be favored by

capitalists, so the stock price would

inevitably be lower.

In the eyes of the Habers, they would risk

losing control for no reason as they were

also unlikely to make much money in the

capital market. This was something only

fools would do.

However, right now, Jasper told them that

they could triple the market value of

Grandland, so even a piece of wood would