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In the City of Bendel, amidst the economic recession. The market was not vibrant the way it should be. Many sellers were tired of being in business. The bulk of non-repayment of loans by borrowers. Every business was stagnant to the extent that many people found it difficult to eat three square meals a day. At most times, meals were one-on-one per day.
Meanwhile, Mathew and John have been partners for many years. Both of them were running a company limited by shares. Many people subscribed to their business by buying units of shares because they were doing well in business.
Now, things have changed. The economy was not favorable to many businesses in the country again. The annual general meeting was around the corner. Shareholders were expecting the dividend to be shared according to the units bought by each shareholder. The market was poor beyond expectations.
One day, John got a call to attend the economic summit. He has to travel to the federal capital tertiary for the meeting. While in the submission, he called Mathew not to venture into any goods for now, instead, he should sell those at hand to retain their values. But Mathew didn't hear clearly due to the bad network.
Soliloquy.
"Oh! This network is bad, I did not hear him very well. Maybe he wants us to use this opportunity to acquire more assets and sell them when they go up in price, to enable us to make a better profit. Yes! Yes!! That should be his message." Said Mathew.
After the summit, John left Abuja for the city of Bendel. When both of them saw each other, they embraced themselves.
That meeting was incredible, it was an avenue to get to know important people in the country, because it involved different departments, agencies, and parastatals. Nevertheless, have you done what I asked you to do? John asked.
Mathew replied.
"Yes, I have acquired more investments. In fact, I bought the one that has the prospect of getting appreciated in the future."
John was yelled at.
"Really! Is that what I told you to do? I said that we should sell some of our stock and divert to another business to enable us to remain in business. Don't you know that because we are good at what we are doing which made investors repose their confidence in us?"
"Are you sure that it was what you said? Although, when you called me to discuss the matter, the network was bad and I did not hear what you were saying very well. I had the intention to call you back but I don't know whether you can pick up the phone or not. That means I have made a great mistake." Said Mathew.
John was furious.
Oh yes, you have made an expensive mistake. How can you do that in this period? You know that we are losing day by day. Please, we can't afford to continue to lose money. Let us check the market's trend to know what is going on. Oh my goodness, we have made it big time. This is wonderful, you have made the best mistake. In fact, you are on point. It is almost two hundred percent.
"What did you just say? Hehe, let me also check it here. Wow! God is miraculous. He has done it." Mathew was also excited.
Both of them celebrate the new development. They were able to give shareholders dividends. Later, they diversified their business to prevent future occurrences.
The End