I sort of agree with you Mr D. Australia makes sense due to AB1 is listed on the ASX but tax rates and labour rates is also higher here than other country. HK has no capital gains tax and the corporate tax rate is 15%. I think there is your starting point.
AB1 is in the fortunate position of being a small, dynamic global company with a massive amount of potential. If Yat & co knocked on the door of prime ministers and other country leaders and ask them what sort of incentive you will give us to set up shop in your country, I am sure we could negotiate some very favourable terms. Having said that, we also have to be where the action is. Hence, Silicon Valley, Vancouver, Finland, Tokyo and Soul could be favourable as well.
I understand Trump and Trudeau would appreciate some good news stories presently. If they can scratch our backs, I am sure we can scratch there's.
Either way, mention any reference to being a slightly, remotely, possible Chinese company in this business environment is toxic atm. I don't seeing that perception changing in the foreseeable future. I hate dealing with the Chinese but I have to.
Just some food for thought as we past the time away.
xxxooo
AB1 Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
