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Chapter 200 Can you afford so much cash? 4K(2/2)

Liang Yao cannot bear the risk of the Nicaragua route.

"Vanderbilt did underestimate Mr. Aspinwall. The Pacific Mail Company is stronger than Mr. Vanderbilt expected."

Thomas said.

"It's just that you haven't even purchased the Baltimore-Ohio Railroad Company yet. The value of the new railway company has not yet been determined. We cannot take the risk and exchange the shares of the Nicaragua Shipping Company with you."

The current value of Nicaragua Shipping Company is US$5 million, and the value of 30% of the shares is US$1.5 million.

The current value of Liang Yao's Delaware and Hudson Railroad Company is less than US$4 million, and in the sluggish environment of railroad stocks and securities on Wall Street, the value of the Delaware and Hudson Railroad Company is also shrinking.

It's just that compared to other railroad companies whose stock prices have plummeted, the stock price of the Delaware and Hudson Railroad Company is very strong.

A railroad company with share prices as strong as the Delaware & Hudson across Wall Street is Vanderbilt's Stonington Railroad.

The largest shareholders of these two railway companies were the instigators of this railway crisis.

In short, it is not cost-effective to exchange the shares of the Nicaragua Shipping Company for the shares of Liang Yao's railway company. Even after acquiring the Baltimore-Ohio Railway Company, there is a big difference in how much Liang Yao's railway company is worth.

determining factors.

However, the Nicaragua Shipping Company, which has been suffering losses for more than a year, is indeed a burden for Thomas and August.

As long as Liang Yao can put forward sufficiently attractive conditions, they are not unwilling to exchange the shares of the Nicaraguan Shipping Company for the shares of the American Group Railway Company.

"Now is not the best time to buy the Baltimore and Ohio Railroad Company. I will buy it when the time comes."

Liang Yao looked very sincere.

“I will not let the two investors make a loss-making transaction. I will acquire the Nicaragua Shipping Company shares from them based on the actual value of the Nicaragua Shipping Company shares.

You two can take this money and use it to purchase shares of the merged and reorganized railroad company after America Group acquires the Baltimore-Ohio Railroad Company. What do you think?"

"That's not a bad idea."

After Thomas thought about it, he felt that this plan was feasible, at least he would not suffer a loss, so he agreed to the plan.

"I have no objection either."

Auguste also agreed to this plan. The Nicaragua Shipping Company, which continued to suffer losses, was indeed a burden for them.

They even doubted their own vision and questioned whether their original investment in Vanderbilt was worth it.

"It's just that the combined value of Mr. August's and mine's shares is as high as 2.5 million U.S. dollars. Can you afford so much cash?"

Thomas thought that all of Liang Yao's deposits in Bahrain Bank had been withdrawn, and he had some doubts about how much cash flow Liang Yao still had.

"I don't have cash, can I have gold of equal value?" Liang Yao said with a smile.

"Of course, who would refuse the temptation of gold?"

When Liang Yao said this, Thomas completely let go of his worries.

Recently, the exchange rate between the US dollar and gold in the U.S. gold market has been somewhat unstable. It would be great if we could trade gold with a more stable value.

"With that said, I look forward to your early acquisition of the Baltimore and Ohio Railroad Company."

Seeing that the matter was over, August stood up and was about to leave.
Chapter completed!
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