Originally posted by happydayzStrange Narrative Annies, then again it always is. I don't understand what you mean by profits going overseas, if you invest in a company overseas, the company has to pay tax there under sovereign tax laws. It is understandable that some companies will leave Australia to go and manufacture os because production costs make it profitable to do so, so share holders benefit as well as the company, Huggies is a good example moving to Singapore.
If people don't like investing in companies that originate overseas then don't invest in them, but some companies like Afterpay come from oversea's and ive done well out of them, i don't hold a grudge when it comes to investing for any company overseas or not until they go into suspension for ever and it is announced officially, I think some people don't understand the market and get too emotional about things, and then blame a company like what your doing, no one really cares about family ties sort of stuff, they just want to make money.
Are you good at investing in a other shares, I think you might hold some BIN, like me, very good this week and made good lutta, but you had to get in and out quickly. You only make your money when you buy and sell. Sorry I suspect that you are holding your cards close to your chest. And you know what Happens when you assume too much.
I never refer to nor mention profit, I said “capital”. Your reading comprehension has always been lacking.
Australians give money (capital) to SAS and then SAS took most, not all, of it with them and spend them entirely overseas.
I think it is safe to say that I believe the venture has proven to be of negative cost in the millions to Australia.
Me blaming a company? Never did.
This is my personal opinion, but I honestly think you have reading and comprehension problem to the point that I never enjoy nor get anything out of interacting with someone like you.
I say one thing and what you understood is entirely different altogether. A waste of time. I never ignored anyone here, not even the most abusive lots but you would be my first ever on the list.
You also make vacuous assumptions that really annoys me...
Good lord...the intellect.
