abcnovels
Chapter 1058
Chapter 1058
Chapter 1058: Lucas Teaching His Wife
Translator: Atlas Studios Editor: Atlas Studios
In fact, Cheyenne’s Brilliance Corporation was only an enterprise in Orange County. Although it had developed extremely well in her hands within half a year, it only had a market value of 30 to 40 million dollars at the beginning.
Even with Cheyenne’s hard work over the past six months, it was still impossible for the market value of the Brilliance Corporation to increase by much within a short period of time. Thus, the funds Cheyenne could use should have only been about 70 million dollars, and she could have only bought a relatively small plot of land that was farther away.
But because Lucas had suggested that she buy Land No. 15 near the eastern suburbs, she could only borrow some money from him to make up for the shortage of funds.
However, due to the amount being too much, Cheyenne gave it some thought before raising the bid by 1 million dollars.
At this moment, the young man from the Steeles, who had placed the bid of 150 million dollars, turned his head to take a look at Cheyenne and was stunned by her beauty. He then asked with a smile, “Miss, you seem to be a fresh face. You’re not from DC, are you?”
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“There are no rules that restrict people who aren’t from DC from participating in the auction, right?” Cheyenne replied indifferently.
The young man didn’t lose his temper but instead said politely, “That’s true. I am Alexander Steele, and I’m very keen on acquiring this plot of land. I wonder if you could please let me have it, beautiful?”
Lucas narrowed his eyes slightly but didn’t say anything.
He didn’t intend to interfere with anything that was within Cheyenne’s means to handle. This was a form of his respect for her.
Cheyenne said firmly, “I’m sorry, but I really want to acquire this land too.”
“What a shame. In that case, I will have to continue bidding for it against you, beautiful,” Alexander said with a look of regret, but he didn’t continue speaking nonsense and continued bidding. “156 million dollars!”
He bid 5 million dollars more than Cheyenne’s bid!
Many people inhaled sharply. Based on Alexander’s stance, it seemed he was bent on acquiring this plot of land!
The auctioneer on the stage smiled brightly and asked loudly, “The price for Land No. 15 has reached 156 million dollars! Any higher bids?
“The currency price is 156 million dollars!”
The higher the price of the land, the higher the auctioneer’s commission. Such auctions where each plot of land could reach hundreds of millions of dollars occurred only once in a blue moon. So the auctioneer naturally had to hype up the audience.
Cheyenne was obviously conflicted.
She really wanted to buy the plot of land, but Alexander had raised the price by five million dollars at once. And he looked so confident that Cheyenne didn’t dare to place another bid.
“Honey, go on!” Lucas said to Cheyenne encouragingly.
As long as he finished building Stardust City in the eastern suburbs, the surrounding land prices would definitely skyrocket. Even if they had to spend several hundred million dollars to buy it, the profit would still be significant.
After receiving Lucas’s encouragement, Cheyenne became much bolder. She made up her mind and said, “176 million dollars!”
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“My god, she actually bid twenty million higher than the Steeles!”
“Impressive! She raised her bid by so much at once. She’s the real wealthy one! Which family is this beautiful girl from?”
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After Cheyenne bid 176 million dollars, the crowd was astonished, especially Alexander, who had placed the previous bid. He turned around and looked at her with a complicated expression.
When he saw that Cheyenne had only added a million dollars more than him earlier, he had merely thought that her budget was around this price. So he raised it to 156 million dollars in one go to deter her from competing with him.
When he saw her hesitating without the courage to continue increasing the bid, he felt relieved.
But he was relieved too soon. Cheyenne actually added another 20 million dollars, crushing his bid.
Originally, Alexander’s maximum budget for this plot of land was 160 million dollars. Any higher, and there wouldn’t be much profit margin, which would make his family dissatisfied.
Alexander sighed and said to Cheyenne, “Hey, beauty, it really doesn’t... make economical sense to spend 176 million dollars on this plot of land.”
“Thank you for your kind reminder,” Cheyenne responded politely.
Alexander shrugged, turned around, and waved his hand at the auctioneer. “I give up.”
“Alright, the Steeles have given up on bidding, and the highest bid is now this beautiful woman’s 176 million dollars. Any higher bids?”
No one dared to place any more bids.
“176 million dollars, going once!
“176 million dollars, going twice!
“176 million dollars, going thrice! Sold!
“Congratulations to this young lady. Land No. 15 is now yours!”
The auctioneer knocked the small gavel, and Cheyenne successfully bought the plot of land for 176 million dollars.
The auction proceeded.
After being excited, Cheyenne asked Lucas softly, “Honey, was the price too high?”
Lucas shook his head and smiled. “You rarely participate in such auctions, so it’s normal for you to lack experience. For example, your first bid was only a million dollars higher than the previous bid. This caused many people to think that you’re not confident enough and that your budget is around that level.
“That’s why Alexander Steele raised his bid by five million dollars at once. He did this because he wanted to scare you into giving up on competing with him.
“When he announced his bid, did you feel that he was extremely confident and determined to win, so you wanted to give up bidding?”
Having her thoughts exposed by Lucas, Cheyenne nodded embarrassedly. “Yes, that’s what I thought at the time. I felt that the price was already too high, and since he suddenly increased it by so much, I thought he could continue increasing it. He made me feel like I couldn’t beat him at all, so I wanted to give up.”
Lucas smiled warmly and continued to guide her. “That’s normal. If we didn’t have enough funds on hand, we might have indeed been intimidated by him and been too scared to compete with him. But this also shows that his bid was close to his own maximum budget. If I’m right, the highest price he had in mind was 160 million dollars. If it exceeded this amount, he wouldn’t place a higher bid no matter what.
“But you bid 176 million dollars in one go, which far exceeded the price he had in mind. So he naturally wouldn’t compete with you anymore and could only give up.”