In fact, at the beginning of the year, Fan Wubing's Iron Ore Company, which is the Fantel Heavy Metals Western Australia Company, which he referred to as Fantsey, had successfully completed its work and raised 4 billion Australian dollars in the market. However, now it seems that the use of funds is still a bit ineffective.

The most critical issue is that Fan's Investment Group has emptied a large part of its funds through various means, and instead invested in the stock futures market for profit, and has purchased a lot of real estate in Sydney for investment. Therefore, Fantesey is planning to make additional issuance matters and continue to raise some funds for the later construction of the mine.

However, for municipal companies, additional issuance is also a double-edged sword. It may not only raise funds for themselves, but also cause investors to have extreme distrust of the company, leaving no response to the additional issuance, and eventually lead to investors voting with their feet and the additional issuance failed. This precedent has existed before.

Because investors are not fools, they are very clear that if a company expands without restrictions, its purpose is obviously to make money, but everyone needs to understand whether the company's future performance is enough to support the issue of additional issuance. If the unlimited additional issuance is not supported by performance, it will only bring about the consequences of a stock price plummeting.

Unless, behind the scenes of the additional issuance is the driving force that can make the company's profitability grow strongly, it is often insider information, which is difficult for ordinary investors to obtain in the first time.

The reason why Western Australian Governor Hobbit is worried that Fan Wubing will do whatever he wants is that his unlimited additional issuance will destroy Fantesey's company. By then, investors will make money and leave them, leaving a mess and leave them here without paying attention. It will greatly damage his prestige and leave him a bunch of investors who protest against claims all day long to make trouble outside the state government.

Fan Wubing naturally has a solution. His solution is the second procurement plan proposed by Jiangnan Province for Fantesi Company, which adds 40 million tons of high-quality iron ore procurement every year.

The steel smelting industry in Jiangnan Province still has a great demand for imported iron ore. At the beginning of the year, the annual purchase and sale contract signed by the 20 million tons was just a good news that prompted the Fantsey company. The output of 20 million tons does not allow Fantsey to stand at an equal position with Rio Tinto and Biwu. It only shows that Fantsey has opened a gap in the mainland Chinese market and has a good future development prospect.

But now this time is different. This time, the purchase of 40 million tons of high-quality iron ore signed every year can be said to directly force Fantesi to expand its production capacity by at least three times, which gives the company sufficient reasons to find funds to quickly expand its production line.

Since the product is produced, there is no need to worry about sales. Then it is natural for stocks to expand capacity by additional issuance, and a five-year purchase and sales contract is enough to ensure that investors' interests are not damaged.

After learning about Fan Wubing's refinancing plan, Governor Hobbit finally felt much more relaxed. As long as Fantersey continues to develop iron ore in Western Australia, it will bring great benefits to the state government, make his political achievements more dazzling, and support himself to stand out in the next prime ministerial election and win a place.

As for whether there is any malicious money-making factor, Hobbit believes that there should be some, otherwise the 4 billion Australian dollars raised from the issuance of new shares would not have been able to make ends meet so quickly?

Although Fantsey has been carrying out railway and port construction, and has invested heavily in the construction of mines and ore selection sites and purchasing various large-scale mining equipment, everyone knows that although these projects are expensive, it is impossible to consume all the funds raised. Fantsey's company will issue additional shares so quickly, which is obviously greater ambitions.

However, Fan Wubing issued additional shares this time, but the proportion was not high, only about 10% of the total share capital, and the expected value was to raise one billion Australian dollars.

The reason why there are not too many additional stocks is actually considered. The issue of additional stocks is not only to obtain a certain amount of cash flow, but also often plays a role in increasing the stock price. Once everyone discovers that Fantersey's prognosis is good and the number of additional stocks is not large, they will realize that this is a rare opportunity. Since new stocks are difficult to find, then they can only continue to collect outstanding shares in the market.

Although the current situation is that Internet stocks are unified, the additional issuance of Fantsey's stock issuance is relatively smooth due to the introduction of the Chinese concept. Whether it is Australian locals or foreign investors with certain strength in the Australian capital market, they attach great importance to Fantsey, which occupies a large proportion of the iron ore import market in mainland China. They believe that if China's reform and opening-up policy can continue to be implemented, Fantsey's profit will not be a problem. After all, the demand for iron ore in the Chinese market is increasing.

As the only way for a country to enter a developed country, steel production is still the top priority. The current situation of mainland China lacking high-quality iron ore resources will inevitably lead to the continuous expansion of the demand for iron ore imports. Fan's Investment Group's development of mines in Australia at this time is a grand plan.

Especially this time, the news that Fan Wubing went to Sydney to meet with Governor Hobbit in Western Australia has spread, and those who are interested have also received rumors that Fantesi is about to receive a second huge order in Jiangnan Province. Some people also found out that Fan Hen, the governor in charge of Jiangnan Province, is the father of Fantesi's boss behind Fantesi's company. These things combined are enough to make investors crazy about Fantesi's stock purchases.

Within two trading days, Fantersey's stock price rose by 15 percentage points and the trading volume suddenly increased. It was obvious that strong funds had taken advantage of Fantersey's future prospects, so they entered the layout in advance with a very tough attitude.

Fan Wubing is optimistic about this. Since the existing stock price has increased, the issuance price will naturally increase accordingly when issuing additional shares, which is very beneficial.

Before leaving, Hobbit left his assistant, the Chinese girl Miss Yang Huiling, and asked her to accompany Fan Wubing to visit the scenery of Sydney.

Fan Wubing was not rejected because his understanding of Sydney was very simple. Once he came here, he just passed by in a hurry. For example, the opera house in Sydney was all desperate, let alone other scenery.

As for the fact, Fan Wubing didn't know what other landscapes to see in Sydney.

Yang Huiling is a few years older than Fan Wubing. She looks more lively. She probably often serves as an assistant tour guide, so when she takes Fan Wubing and her entourage to visit, she looks very comfortable. With a Taiwanese Mandarin voice, Fan Wubing naturally thinks of the heroines in Qiong Yao's TV series.

"The Sydney Tower was built in 1968 AD, that is, in the 57th year of the Republic of China. The 230-meter-high tube body was made of forty-six tubes with a length of five meters, a diameter of six.7 meters, and a weight of 32 tons. There are fifty-six steel cables connected to the ground buildings outside the tube. Each steel cable weighs seven tons and is made of 235 strands of seven millimeter steel wire. The total length of the steel cable can reach 170 kilometers." Yang Huiling habitually put her long hair behind her shoulders with her hands, then slightly tilted her head to introduce the tower to Fan Wubing and others.

Located in the heart of Sydney, Sydney is 304.8 meters high. It is the tallest building in Australia, together with the Sydney Opera House and the Sydney Harbour Bridge, it is known as the three major landmark buildings in Sydney.

Sydney Tower is a multi-purpose building with a golden appearance and looks particularly spectacular under the sunlight. Sydney Tower Tower is a nine-story conical building. The first and second floors are two rotating restaurants, each with more than 200 seats. Because of the limited seats, you must book in advance if you want to eat here.

The third and fourth floors of the tower are the observation floor. The observation floor is surrounded by large pieces of glass and is protected by thick iron grilles. Looking through the window, the entire Sydney city is completely visible.

The observation floor prepares a high-power telescope for tourists, and with the help of it, you can see the scenery within 70 kilometers. TV videos are also played here to introduce the construction process of the Sydney Tower and the development history of the city of Sydney.

The safety design of the Sydney Tower is also very complete. According to the design, it can resist the attack of strong winds and strong earthquakes. On the seventh floor of the tower, there is a fire room, which is equipped with a water storage silo of 160,000 liters. The water spray holes connected to it are all over the corners of the tower. The tower also has an emergency exit directly to the street. Once a fire occurs, people can escape along the safety stairs.

For safety reasons, people visiting the Sydney Tower must undergo necessary inspections at the entrance and smoking is prohibited in the tower.

Fan Wubing listened to Yang Huiling's introduction and said with a smile, "Miss Yang, I only need to talk about the years of the dynasty in the future. Don't convert the years of the Republic of China. Anyway, we are not familiar with this, so there is no need to think about it."

Yang Huiling was embarrassed when she heard this and said embarrassedly, "Sorry, I forgot that you are from mainland China."

Fan Wubing smiled slightly and said nothing. After a walk around Sydney Tower, the group ran to a rotating restaurant near Sydney Tower to have a meal.

This is a cylindrical building with a height of more than 180 meters. It is said to be the tallest skyscraper in the world built of light cement. The rotating restaurant has a novel and beautiful design and unique style. Its rotating table is 43 meters in diameter and a total weight of 100 tons. It can accommodate more than 300 guests at the same time. Every turn of the restaurant takes more than an hour. Here you can dine and enjoy the city scenery of Sydney through the glass windows.

Yang Huiling booked a seat here in advance, right next to the floor-to-ceiling window. After the food was delivered, Fan Wubing found that it was a very ordinary Taiwanese food. She couldn't help but feel a little strange. Could it be that Hobbit's old stingy person did not pay Yang Huiling the activity funds?

However, Yang Huiling explained to Fan Wubing, "A Taiwanese chef here is my friend. The Taiwanese food I cooked is very delicious, so I ordered a dish for everyone to taste, which is considered as my treat."

Fan Wubing nodded, saying that Yang Huiling was treating her own meal. It was natural for this kind of Taiwanese-style meal. So everyone tried it and found that it had a different flavor. After all, both sides of the Taiwan Strait have the same clan and the same origin, and they have more sense of recognition in their eating habits. If they changed to Western food, Fan Wubing might not have such great interest.

"Ms. Yang has been doing things for the Western Australian government?" Fan Wubing drank a glass of liquor brewed from Taiwan. He felt it was a bit spicy, but the taste was different from that of the mainland. He smashed his mouth and asked curiously.

Yang Huiling shook her head and replied, "No, I have only been in Australia for two years, mainly studying interior design here. However, because Australia has more contact with Chinese businessmen recently, they invited them to act as a translator and guide them about Chinese habits, which is a part-time job."

In recent years, Australia and Chinese have indeed had more and more interactions, so translation talents that are familiar to both Australians and Chinese have become more popular, especially those who have a certain understanding of the customs of both parties, which are important in various business negotiations or social engagements.

Yang Huiling also encountered such good luck, so she started working part-time. According to herself, her monthly salary is fixed at 5,000 Australian dollars. If she works overtime temporarily, and has an additional income, it is quite good.

"Actually, if possible, it would be nice to stay here for a long time. After all, when you return to Taiwan, it is generally difficult to get such high treatment." Yang Huiling said to Fan Wubing with a smile.

Fan Wubing thought of a problem, so he said to her very seriously, "Well, actually, our opening plan has just begun. If you are interested, you can join our company to work. After all, we also need translation talents who are more familiar with the Australian government."

He didn't think about this casually. After the domestic employees came to Australia, they found that the office efficiency here was very low, probably because they were affected by the original atmosphere. The efficiency in local governments was very low, and something often took a long time. As Fantesey, which needs to vigorously promote various construction projects here, it is obviously very necessary to communicate with some people who are more familiar with the government.
Chapter completed!