*Interesting!!!!!! 😜😜😜😜😜*
When the Dhirubhai Ambani business empire was divided between brothers Mukesh and Anil Ambani, Anil started with a net worth of USD 31,000,000,000. In just over a decade, he lost 99% of his net worth, haemorrhaging at the rate of Rs. 58 crores per day for 123 months...!
The younger brother then defaulted on a bank loan & sold company to elder brother Mukesh to repay the loan.
The elder brother took a loan from same bank to take over the younger brother's company.
Now this bank got reduced NPA with stronger loan book. Nothing has come in or gone out despite all accounts being made good!
Mukesh allowed Anil to announce bad news and drop the share prices. The public sold off and Mukesh bought the shares (through loan) at dead cheap prices.
After take over by the new management, the company's share prices doubled in a week! Now prices are high. Mukesh pays off the loan to the bank by transferring to it his shares, also partial sale to new partners/public. At the end of it all he has acquired his brother's company at zero cost!!!
Now, who is the loser here?
Anil Ambani - No (He got sufficient money to pay off his loans).
Mukesh Ambani - No (He got a good company at throw away price and he is going to mint money out of that).
Bank: No (They got their money back with interest.
You, the gullible public who invest in the share market..are the ultimate losers in this racket!
All done legally!!!
That's how true industrialists use share market to earn profit from public..! And normal public keep investing in share market 😄
A fantastic illusion we live in ...hats off...😰😰😰😜😝🧐