The Berlin Wall (German: Berliner Mauer) was a barrier that divided Berlin (West and East Germany) from 1961 to 1989. Constructed by the German Democratic Republic (GDR, East Germany), starting on 13 August 1961, the Wall completely cut off (by land) West Berlin from surrounding East Germany and from East Berlin until government officials opened it in November 1989. The barrier included guard towers placed along large concrete walls, which circumscribed a wide area (later known as the "death strip") that contained anti-vehicle trenches, "fakir beds" and other defenses. The Wall served to prevent the massive emigration and defection that had marked East Germany and the communist Eastern Bloc during the post-World War II period. (Source: Wikipedia)
In the game of chess, a defence set-up known as the Berlin Defence became known as the Berlin Wall after it was used to devastating effect by challenger, Vladimir Kramnik in his World Chess Championship match against Garry Kasparov, in which the former won. The Berlin Defence was so solid that the world champion, Kasparov could find no way through to break-up Kramnik's defences in his games as Black.
Now back to V Holdings Limited. To support our proposed rights issue, we erected a Berlin Wall at the rights issue price. Millions of shares on the "buy side" at the rights issue price to support the share price but the selling wave that came was swift and fierce. Damn... Who are the sellers?! Our Berlin Wall has crumbled. What do we do now?
Time to reload and gather more fire-power. Need to nudge the share price back up above the rights issue price again. : (
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Author's Note: This is a fictitious story which was inspired by a dream that the author had in which he was the Financial Controller of a company.
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