Chapter 1055 Taking Back Regal Peaks (10)

• “But I’ve been chewing on this the whole way here. Honestly, if we’re talking about taking it back, it’s still damn hard. The gap in strength is huge.” Kate Penrose frowned. “That punk Zheng Mingjie has Chengkai backing him, plus the most important shares in his hand—and a big chunk at that. If you want to take it back, at minimum, your stake can’t be smaller than his. Right now, all the shares you can scrape together don’t even reach half of his. So the only path is to go all-in buying stock. But that means scooping it bit by bit on the secondary market. It’ll take forever. And the biggest issue is money. The ten-plus percent gap between you two is tens of billions in cash. I’m sure Uncle doesn’t have that kind of money right now. He probably doesn’t have much at all… The only funds you can tap are the nest egg—the very bottom of the family coffer. The risk is huge.”
• “Worst part? Regal Peaks’s stock has already hit rock bottom. Yeah, now’s the best time to accumulate. But first, Zheng Mingjie knows you’re fighting him, so he won’t let the price stay where it is. Second, as the top executive of Regal Peaks and the biggest shareholder, he can’t let the company bleed forever. He’ll have to turn operations around and push the price up. Heck, he’s got the right and the muscle to jack the price. That makes absorbing shares even tougher.” Kate said it straight.
• Madison Sawyer didn’t hesitate. “Hard or not, we do it. If it takes time, I’ll wait. I’ll talk to my dad. No matter how much cash we’ve got, we throw it all in. From now on, we buy on the secondary market. Then we bring in pro funds to help run the play, move faster, and cut down the pain when the stock goes up.”