Chapter 906
Furthermore, at the pace that Haven Net was growing, making its way to the global top ten in market value seemed only a matter of time.
"We're in talks with many institutions. We're also actively discussing within the company."
"I imagine you already have a direction in mind, don't you?" Jason asked.
Although it was described as a discussion, Jack, as the company's founder, had absolute control; he ultimately had the final say.
Jack understood what Jason implied. He shook his head and smiled wryly, saying, "I'm still considering the options and have yet to decide."
Jason nodded and added, "From a perspective of national sentiment, I hope an outstanding company like yours can become part of the Apson Stock Market. However, frankly, the current backlog is overwhelming. It's anyone's guess when you'd actually make it to the listing."
Many excellent local companies were eager to raise capital and simply couldn't afford to endure the lengthy process, so they opted to go public overseas. This posed a significant challenge for the country's financial regulators.
"Comparatively, I think you can consider the Harrier Stock Market in Tarthy City. As the financial hub of the eastern area, it offers a more standardized regulatory system than what's available locally. Tarthy City is anticipating an exceptional company like Haven Net."
Then, Jason handed Jack a cigarette and continued, "When Zali Group went public in Federia, it left a sour taste for our local financial regulators. Although the companies that go public in Federia are the cream of the crop and even industry leaders locally, our concept stocks often face unfair treatment in foreign markets." This was a fact. Although no one would openly admit it, the international markets were somewhat skeptical of Zargonia's concept stocks.
Regardless of revenue or future growth potential, they often outperformed their Federian counterparts. Yet, Zargonian concept stocks usually traded at significantly lower valuations. It was almost a fate shared by all of them.
Even in the same industry with similar revenue standards and future
concept
growth potential, Zargo
stocks were always at a
disadvantage. Plus, listing in Federia meant inevitably being subjected to the constraints of the three major international credit rating agencies-Sterling & Pierce nchmark Ratings, and Marwi Capital. These agencies had a
long-held biased view toward
Zargonian concept stocks.
Jack felt deeply about these realities.
In fact, despite having similar revenues, Genesis Games' stock price was at least 50% lower than its peer, Typhoon Corporation. This disparity was one of Jack's major concerns.
Seeing Jack frown, Jason added, "Of course, if Haven Net chooses to go public in Tarthy City, the country would benefit greatly. Plus, I have a good relationship with the
government officials here in Tarthy City. It would greatly help your company's development if Haven Net chose to go public in farthy City."
"We'll consider these matters seriously. If we choose to go public in Tarthy City,
we'll reach out to you for help, Jason."
Jason laughed and said, "With pleasure."
He took a sip of tea, then let out a sigh and said, "Honestly, I really admire you, Jack. From Genesis Games to Haven Net, Jack Holland, the founder of Genesis Games may have stumbled but the founder of Haven Net stood back up. Who would have thought that a young mastermind created both world-renowned companies?
"Jack, you really are the pride of our people. I'll be more than satisfied if Neil and Char grow to be half as capable as you."
Thinking about it, even with the backing of an influential family like the Grants, it was no easy feat to reach half of Jack's achievements.
Once Haven Net successfully went public, the young man standing before him, the founder of Haven Net, was poised to become the wealthiest man in Iselva, an icon for an entire generation. His influence might also shape the course of an era.