ALL NOVEL Chapter 69 - 69 You Brought This Upon Yourself
69 You Brought This Upon Yourself
“Why can’t we see the benefits of this asset?”
“Even if we include the potential profits, 45 million is considered a high price.”
“Let’s not talk about the high price. If the capital was not controlled well, it might be difficult to break even. Why bother?”
“Isn’t that the eldest young master of the Luo family? I heard that he’s not a good person. Calling him a profligate son is already a compliment.”
!!
“No wonder. Only such a sucker would spend tens of millions of yuan on such a business that’s destined to lose money.”
The other participants discussed fervently.
After all, an auction of this level was no longer something that just anyone could squeeze in.
Most of the participants who had been arranged to act as bidders had never seen such a scene before. Naturally, they had the mentality of watching a show.
As for the few people who did not know about the auction, they looked at Luo Chen with complicated expressions.
“Forty-six million.”
Luo Chen raised the price again.
From the beginning to the end, he did not reveal much emotion, but from his exceptionally persistent gaze, one would think that he was bent on winning.
In the eyes of others, this was a meaningless act of pride.
However, buying an asset was different from other auctions.
Getting it was one thing, but having the confidence to develop it was another.
If his own ability could not keep up and he could not develop it after buying it, it would be a huge loss!
There would not even be a second person who would take over such a high-priced asset.
If the liquidity was insufficient and the development could not be sustained, it would only be a waste of time and money.
Although there were CEOs of big companies present…
These people did not want to bid as they knew how important liquidity was.
Some companies with an annual revenue of billions might not even have tens of millions of yuan in liquidity.
To bet so much money on an asset all at once…
It had to be said that Luo Chen was very bold.
Of course, under most circumstances, this so-called boldness was called being stupid and rich.
“47.5 million!”
The burly man raised the price again.
This time, the increase was smaller.
After all, he thought that he was well-versed in psychological tactics.
Under such circumstances, he had to let Luo Chen feel that he would be able to pocket this asset if he continued bidding.
Otherwise, this amount of money would be wasted.
After the high bid of 47.5 million, everyone’s eyes were on Luo Chen.
After all, they also wanted to see who would win in the end.
The burly man was very nervous. Even Su Han, who was backstage, had his heart in his throat.
This was his money!
Deep Sea International’s money!
…
Under the watchful eyes of the crowd, Luo Chen smiled.
Then, he slowly put down the sign in his hand, indicating that he had given up on bidding.
In an instant, the burly man’s face turned pale. He did not expect Luo Chen, who had just shown that he would not give up until he achieved his goal, to give up so easily!
“Buying Riverside Homeland at such a high price? Is he stupid?”
As Luo Chen put down the sign, he muttered to the secretary beside him.
Although it was soft, the volume was just enough for everyone around to hear it clearly.
“Pfft…”
Someone laughed, and the entire venue was filled with laughter.
The people that Su Han had arranged to come over didn’t dare to laugh. Seeing their comrade suffer, they were about to break out in cold sweat.
“47.5 million going once!”
“Actually, everyone knows the value of this asset very well. Not to mention 47.5 million yuan, even if the price is increased further, there will be a huge profit!”
“Once the development is complete, it will definitely bring endless economic value!”
The emcee was still trying his best to promote it.
However, everyone present looked at the emcee as if they were looking at a fool.
Who didn’t know that it would make money after development?
However, the huge investment in the early stages could directly drag people to death. Coupled with the fact that the price had already reached an incomprehensible level, it was even more impossible for anyone to take over.
“…47,500,000 going thrice!”
“Sold!”
The moment the little hammer in the emcee’s hand fell, the burly man, who had been happily bidding with Luo Chen just now, suddenly trembled and could not help but look backstage.
Luo Chen had noticed this abnormal bidder from the beginning.
At this moment, he discovered something.
Following the burly man’s gaze, Luo Chen narrowed his eyes and looked backstage.
Could it be that the big boss behind them was behind the curtain?
Who could it be?
Was this trap specially set up for him?
He had spent so much money and even invited the most famous auction house in Jiang City to endorse it. This person was really unscrupulous to achieve his goal.
Luo Chen vaguely felt that something was wrong, but he did not think too much about it.
Since he had already seen through the problem with this auction, he might as well have a good time. He had nothing better to do anyway.
…
This small interlude did not really affect the atmosphere of the auction, at least on the surface.
Only the burly man was not as arrogant as he was just now. His face was as pale as paper, and his entire body could not help but tremble.
But Luo Chen did not care.
He wanted to see what else would happen after this.
The auction continued.
It was another round of assets without any special characteristics. He could make a small profit, but there was no need.
Luo Chen gradually felt bored.
“The starting price of this auction item is one million yuan. However, although its price is low, its potential is not low. It depends on whether you have the ability to distinguish pearls.”
The emcee made a joke.
Then, the details of the next asset were displayed on the big screen.
Within seconds, everyone’s attention was attracted by the data on the screen.
“The starting price of such a good asset is only one million? It’s not an exaggeration to say that the profits can multiply by dozens of times, right?”
The secretary glanced at it briefly and said in surprise.
“That’s right, but if we can see this simple logic, the others can see it too.”
“There’s no hurry. I feel that there’s something fishy about the price. Let’s wait and see.”
Luo Chen smiled and said indifferently.
In the end, as soon as this auction item started bidding, the price immediately rose to more than ten million.
However, compared to the estimated profits, 10 million was actually nothing.
“Change your strategy. Lower the price of the next bad asset and make fewer bids. I don’t think this kid will be goaded.”
Backstage, Su Han was gritting his teeth so hard that they were about to shatter.
The 47.5 million yuan just now had to come from him in the end!
If he could not coax Luo Chen into buying the bad assets, all his investments would go down the drain!